ALTONA MEADOWS

Brand New 9-Bedroom Rooming House 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, each leased to individual tenants
• Weekly rental income $3,711
• Annual rental income exceeding $193,000
• Gross yield over 8%
• Fully tenanted and ready to generate returns from day one

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.

Rooming houses like this are among Melbourne’s most in-demand investment assets, offering high yields, consistent cash flow, and long-term tenant appeal. With leases typically ranging from 6 to 12 months, and tenants such as young professionals and mature renters, this property generates net returns between $20K–$70K annually.

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.

Secure a high-yield, low-maintenance investment in one of Melbourne’s most resilient markets.

Contact us today to arrange your private inspection and see the potential this property has to offer..