Positioned in a convenient Croydon pocket, this substantial residence presents a rare and compelling opportunity for investors seeking scale, compliance, and immediate return on investment, with an established gross annual income of approximately $93,340.
Configured to comfortably accommodate shared living, the home offers an impressive seven bedrooms, four with built-in robes and one featuring a walk-in robe, serviced by three bathrooms. The open-plan kitchen and living area creates a central hub for communal living, while thoughtful inclusions throughout support functionality and ease of management.
Each bedroom is individually equipped with its own TV and mini bar fridge, enhancing tenant appeal, and the property is being sold fully furnished, allowing for a seamless transition for incoming investors. Additional features include solar panels, new stormwater infrastructure, and the significant advantage of being a registered rooming house and land tax exempt.
Set within the sought-after school zones of Croydon Primary School and Mooroolbark College, the location further strengthens long-term demand. Enjoy close proximity to Croydon Central Shopping Centre, Croydon Train Station and Main Street’s vibrant retail and dining scene. The property is also within easy reach of Luther College, Yarra Valley Grammar, Oxley College, Melba College, Chirnside Park Shopping Centre, Eastland and EastLink.
Offering size, compliance, and exceptional convenience, this is a standout investment opportunity in a well-connected and high-demand eastern suburbs location.
LOCI Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.