43 Edgar Street

Werribee VIC 3030

This is one of those opportunities that if you are capable of jumping on, you absolutely grab with both hands.

This nine room-rooming house attracts individual tenants with its serviced apartments that are primely located close to the Werribee CBD while also being quite comfortable and well appointed to your tenants keeping them in demand. Individually, this year they will attract a weekly rent of $350 per week ($18,200 Per Annum), remembering that there is nine of them, so this years' rent is expected at $163,800 (approx.) when you run the mathyou are in the region of 8-9% return on investment (approx.) which is obscenely good and just not heard of.

The residence itself comprises of 9 individual rooms where they are all fully serviced with individual ensuites, queen sized bed, flat screen televisions, split system heating and cooling and a utility bench with sink, while the ground floor apartments also benefit from individual private court yards. Food preparation and laundry utilities are available via the common kitchen and meals/dining room comprising modern appliances including dishwasher and separate laundry complete with washing machine and dryer.