Melton South, VIC
13 Raymond St

FOR SALE
$1,800,000

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Exciting Investment Opportunity: Tenant-Ready Micro-Apartment Complex in Melton

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An outstanding investment opportunity in Melbourne: a completed, tenant-ready Micro-Apartment complex.
Annual Return: Generates an impressive $163K
- Ensuite
- Bedroom and Living area
- Private outdoor space
- Modern design elements
- Eco-friendly features
- Individual air-conditioning
- Wi-Fi and other amenities

**Management and Occupancy:**
A qualified property manager oversees leasing and management, typically for 6-12 month leases. With an average occupancy rate surpassing 98%, these apartments offer exceptional income potential. An optional rental guarantee guarantees rent will be paid on seven of the nine apartments at all times.

$100,000 instant capital gain with a written value of $1.9m
High Yield: with a return above 9%
Demand: High demand for affordable tenancies ensures quick occupancy.
Diverse Tenant Base: Appeals to young professionals and others seeking cost-effective alternatives to hotels and Airbnb.
Tax Benefits: Significant depreciation benefits from fixtures and fittings.
Stable Cash Flow: With nine separate leases, the departure of one tenant does not significantly impact cash flow.

Lease the units furnished or unfurnished, a suitable furniture package is available.

Contact us to arrange an inspection of this excellent investment opportunity.

Don't miss this unique chance to invest in a high-yield, tenant-ready micro-apartment complex in Melton. Secure your financial future today!

Property Features

  • Carspaces
    3
Better Homes and Gardens Real Estate Melbourne Invest

6/55-59 Moor Street
Fitzroy VIC 3065

Melton South, VIC
13 Raymond St

FOR SALE
$1,800,000

Contact Better Homes and Gardens Real Estate Melbourne Invest
Michael Sloan  0417 577 597