Epping, VIC
1 Sample St

FOR SALE
$1,600,000

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Your Own Property Development - Done For You. With No Land Tax.

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Introducing an exciting investment opportunity: the Micro-Apartment complex in Melbourne, perfect for property investors looking to develop without the hassle of a Planning Permit.

Become the developer of a nine-unit micro-apartment complex while we manage the entire project, from land sourcing to tenant acquisition, within 18 months.

This single-titled complex will generate an impressive annual return of approximately $150K - $170K upon completion. Your total investment starts from just $1.6 million, depending on the location.

The total depreciation value of this complex is around $800,000.

Each micro-apartment includes an ensuite, bedroom, living area, and private outdoor space. These modern apartments feature eco-friendly design elements, individual air-conditioning, Wi-Fi, and other amenities.

A qualified property manager oversees leasing and management, ensuring smooth operations. These micro-apartments offer exceptional income potential with an average occupancy rate exceeding 98%.

Key benefits of this investment:

- Excellent yields significantly higher than a single-let property in the same area.
- Flexible land supply options: use your block, source land yourself, or have our buyer's agent find one for you.
- No planning permit needed, allowing construction on standard residential blocks in any Melbourne suburb.
- High demand for affordable tenancies, often leading to immediate occupancy.
- Appeals to diverse tenants, including young professionals seeking affordable alternatives to hotels and Airbnb accommodations.
- Significant tax depreciation benefits from fixtures and fittings.
- Nine separate leases ensure continuous cash flow, even if one tenant vacates.

These projects are customized to your preferences. Choose your level of involvement during the design and build process, or let us handle most responsibilities while you approve our recommendations. Our experienced builder guarantees exceptional results.

Contact us to inquire further or schedule an inspection of one of these complexes.

Property Features

  • Carspaces
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Better Homes and Gardens Real Estate Epping


Epping VIC 3076

 
Rami Morad
Sales & Marketing Agent

rami.morad@bhgre.com.au
0411 602 600

Epping, VIC
1 Sample St

FOR SALE
$1,600,000

Contact Better Homes and Gardens Real Estate Epping
Rami Morad  0411 602 600