4 Hogan Street

Deer Park VIC 3023

Investment Highlights
9 individually leased studio suites (including 3 with full kitchens)
Estimated gross income: $177,840 per annum*
Indicative yield: circa 10% gross*
Purpose-built, compliant multi-income residential asset
Turnkey delivery with professional management in place
604 sqm GRZ1 site regular, development-optimised allotment
Modern specification including stone benchtops, stainless steel appliances, hybrid flooring and landscaped surrounds
Located approximately 1 km from Deer Park Train Station

Asset Profile
The property is designed as a fully self-contained multi-income residential asset, with each suite offering private amenities and independent leasing capability.

This configuration provides:
Diversified income across multiple tenancies
Reduced vacancy exposure compared to single-lease assets
Alignment with increasing demand for private, flexible accommodation

Location & Market Context
Deer Park is located approximately 17 km west of Melbournes CBD within the City of Brimbank, with Deer Park Train Station approximately 1 km from the property, providing direct CBD rail access in around 2535 minutes.

The area is supported by established transport infrastructure, including rail, bus and major arterial road networks, along with proximity to key amenities such as Brimbank Shopping Centre, local schools and recreational reserves.

Key location fundamentals include:

Established transport infrastructure (train, bus and arterial road access)
Approximately 1 km to Deer Park Train Station
Direct CBD rail connectivity (approx. 2535 minutes)
Proximity to retail centres, including Brimbank Shopping Centre
Strong underlying tenant demand
Low vacancy environment relative to metropolitan benchmarks

Delivery & Management
The project is delivered through an established collaboration:

Architect-led design with proven multi-income residential expertise
Experienced developer with a track record in similar projects
Ongoing management by Scott Banks Real Estate Group, a specialist operator in multi-income residential assets

This integrated approach ensures both delivery quality and operational performance post-completion.

Contract Structure
10% deposit payable upon exchange
Balance payable upon completion
Estimated completion timeframe: approximately 6 months

Investment Positioning
This offering represents a structured residential income acquisition, combining:

Strong forecast cash flow
Purpose-built design
Professional management
Exposure to long-term rental demand

Suitable for private investors, SMSF trustees and capital seeking income-focused residential assets.

Enquiries

For further information or to request documentation, please contact:

Scott Banks
0411 700 099

Disclaimer
Images are for illustrative purposes only and may depict comparable completed projects by the same project team. Final design, specifications and finishes will be as per the contract documentation.

All financial figures, rental estimates and projected returns are indicative only, based on current market conditions and assumptions, and are not guaranteed. Purchasers should undertake their own due diligence and seek independent financial, legal and taxation advice before making any investment decision.