It's Addressed:
An exceptional opportunity to secure a premium, purpose-built accommodation asset delivering immediate income, modern construction and long-term investment security in one of regional Victoria's strongest rental markets.
Purpose-built to an exceptionally high standard, this fully licensed and Class 1B registered rooming house represents a rare opportunity to acquire a high-performing investment that has been thoughtfully designed for strong rental demand, low ongoing maintenance and maximum operational efficiency.
Unlike converted accommodation properties, 75 Grutzner Avenue, Shepparton was specifically designed and constructed as specialist accommodation, providing investors with the confidence of a purpose-built asset that combines compliance, functionality and premium tenant appeal.
Positioned on approximately 605m² of land and completed only approximately 12 months ago, this outstanding investment comprises nine generously proportioned bedrooms, each thoughtfully designed with its own private ensuite, kitchenette, split-system heating and cooling, and built-in robe, providing tenants with complete independence, comfort and privacy.
Being offered fully furnished, the property allows an incoming purchaser to continue operations immediately without the additional expense of furnishing the accommodation, making it a genuine turnkey investment.
Currently generating $330 per room per week, the property delivers an impressive gross rental income of approximately $2,970 per week, equating to approximately $154,440 per annum when fully occupied.
Investment Highlights
- Fully registered Class 1B purpose-built rooming house
- Approximately 12 months old
- Fully furnished – ready to continue operating from day one
- Nine spacious bedrooms
- Nine private ensuites
- Individual kitchenettes to every room
- Split-system heating and cooling in every room
- Built-in robes to every bedroom
- Approximately 605m² landholding
- Gross rental income of approximately $2,970 per week
- Approximately $154,440 gross per annum
- Modern, low-maintenance construction
- Excellent depreciation benefits associated with a near-new property
- Purpose-built design delivering strong tenant appeal and operational efficiency
- Turnkey investment with immediate income
Purpose-built rooming houses of this calibre are becoming increasingly sought after by investors seeking strong cash flow, modern construction and long-term investment security. With limited availability of fully compliant, near-new accommodation assets, opportunities such as this are exceptionally rare.
Conveniently positioned close to shopping centres, schools, medical facilities, public transport and major employment hubs, the property enjoys a location that continues to experience strong demand for quality accommodation.
Whether you're an experienced rooming house investor looking to expand your portfolio or searching for a premium, high-yield investment with excellent depreciation benefits and minimal ongoing maintenance, 75 Grutzner Avenue, Shepparton represents an outstanding opportunity to secure a quality income-producing asset.
For a copy of the financial statements or to arrange a private inspection, contact Luke Woodham today.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters."
