East Bairnsdale, Victoria, 3875, Australia


East Bairnsdale, Victoria, 3875, Australia
An opportunity for savvy investors, builders, and developers!
Positioned in a rapidly growing pocket of East Bairnsdale, 33 Clothier Crescent offers a rare, high-yield development prospect with all the heavy lifting already done.
Build Price approx: $900,000 – $950,000
Income estimate: $133,120pa | Gross Yield 10.5%
Bypass the lengthy council waiting times and jump straight into constructionthis block comes complete with approved plans and permits for a modern Rooming House, perfectly designed to tap into the region’s strong demand for flexible accommodation.
Key Features:
Approved Plans & Permits: Ready to break ground on a purpose-built rooming house designed to maximise rental return.
Fenced on 3 Sides: Save on initial site preparation and secure the perimeter immediately.
Prime Level Block: A clean, manageable canvas situated in a quiet, modern residential estate.
High-Demand Location: Strong ongoing demand for affordable rental housing driven by local industry, healthcare, and infrastructure projects.
Services Available: All town services ready for connection.
Location & Amenities:
Minutes from the Bairnsdale CBD, major supermarkets, cafes, and retail hubs.
Close proximity to local schools, parks, and public transport links.
Easy access to the Bairnsdale Regional Health Service and major arterial roads connecting to the broader Gippsland region.
Why Invest Here?
Rooming houses offer significantly higher rental yields compared to standard single-dwelling residential investments. With permits already secured, this property offers a rare “plug-and-play” scenario to build, lease, and generate outstanding cash flow.
Contact Mark today to find out more information.
Mobile: +61433837246
Email: mark@zammitrealestate.com.au
©2026 Zammit Real Estate. All rights reserved.
Register Now | Rooming House Open | Saturday 22 August ($174,720 per year | 9.2% gross yield)