9
9
Completed
Description
9-Bedroom Rooming House for Sale in Altona Meadows – 8%+ Gross Yield
Unlock an exceptional investment opportunity with this newly built, fully furnished Class 1B rooming house in the sought-after suburb of Altona Meadows. Purpose-built with quality and functionality in mind, this high-performing asset offers strong rental returns and minimal vacancy risk—perfect for investors looking for immediate income and long-term security.
Investment Highlights:
- 9 self-contained bedrooms
- Weekly rental income $3,720
- Annual rental income exceeding $193,440
- Gross yield over 8%
Premium Features & Inclusions:
- 16.3 KW three phase solar with 15KW inverter
- 8 Star Energy Rating
- 2 extra large high efficiency hot water systems linked to the solar system.
- Solid core internal doors and apartment style soundproofing throughout
- Hardwood TV shelving
Each private suite includes:
- Split system air-conditioning
- Oversized ensuite bathroom
- Private living space and large kitchenette
- Built-in wardrobes
- Fully furnished for tenant convenience
Shared amenities include:
- Full kitchen with premium appliances
- Laundry with three washing machines
- The common courtyard is finished off with a native garden and hardwood screening.
Quality rooming houses in high-demand suburbs are increasingly rare due to limited land supply and growing rental demand. When opportunities like this appear, they don’t last long.
Contact us today to arrange your private inspection and see the potential this property has to offer.
- Developer: Napoleon Development
