66 Rossack Drive

Waurn Ponds VIC 3216

If you are looking to invest with incredible rental yield, multi-room accommodation will generate the highest level of income out of your property, however people are often apprehensive about ensuring their property meets all the necessary rooming house requirements governed by Consumer Affairs. This fantastic eight bedroom, three bathroom property has been purpose built and therefore ticks all the boxes and is ideally located in a prime location close to Waurn Ponds Shopping, Deakin University, Epworth Hospital and the Waurn Ponds Shopping Centre, so there is never a shortage on tenants given the location is central to such an array of fundamental facilities and workplaces. The current tenants are long term and mature age and take pride in the presentation of the home and would love the option to continue their current lease arrangement. The current annual income is $62,400 per annum with the potential for this to be increased to $70,200 per annum in the coming year, so the rental yield is incredible based on the purchase price. With plenty of off-street parking and easy access to Geelong CBD and Melbourne City, this home is a first-class investment, not only with incredible returns but also the potential for future capital growth and will certainly be your next best financial decision.

- Purpose built multi room or student accommodation
- Eight bedrooms, three bathrooms ,two car garage plus off street parking