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Baywest Real Estate -

36 Church Street Hastings, VIC 3915

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36 Church Street,
Hastings, VIC 3915

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Sale

High Yield Rooming House - Circa 9% Return

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Land area

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Baywest Real Estate -
Sean Crimmins

Baywest Real Estate -

1/109 High Street
HASTINGS, VIC 3915
04117348...
Baywest Real Estate -
36 Church Street
Hastings, VIC 3915

Map of 36 Church Street

Directions
  • Train stations within 5 km of 36 Church Street, Hastings, VIC 3915Distance
    Hastings Station275 m
    Bittern Station3.6 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 36 Church Street, Hastings, VIC 3915Distance
    Cool Store RdVictoria St260 m
    The Bays HospitalVictoria St279 m
    Hastings Railway StationHigh St288 m
    Hastings Shopping CentreKing St302 m
    Phillip Ct/Frankston-Flinders Rd (Hastings)586 m
    POWERED BY HERE ©
POWERED BY HERE ©

Premium 'New Generation' Rooming House – Mornington Peninsula Location

  • Circa $172,224 Per Annum GAR*
  • One of the strongest Metro Yields
  • Central Mornington Peninsula Location
~Agent onsite 1:00 - 1:30pm Thursday & 10:00 - 10:30am Saturday!~

Situated in the Mornington Peninsula’s thriving Western Port Growth Corridor, this premium turn-key Rooming-House is the ideal addition to the astute investors diverse - cashflow portfolio.

Features Include:

• Circa $172,224 Per Annum GAR*
• One of the highest yielding Metro investment returns
• High Rental Demand with under 1.5% vacancy rates in Victoria
• 9 Thoughtfully designed rooms including living/bedroom zones plus bathroom and kitchenette
• 1 Oversize ambulant room and bathroom
• 9 individual private open spaces plus a communal outdoor area
• Premium fit out including sound proofing and solid doors
• Sizeable communal kitchen/laundry area
• All compliant amenities and more
• Onsite parking available
• Underpinned by a sought after, central location
• Within 100m of Train Station, Bus Stops, Medical Centres, Cafés and General Shopping
• Huge benefits available via high level Depreciation & Land Tax Exemption*
• Full "turn key" (blinds/landscaping/fencing/)
• Pay on completion (no progress payments)
• Brand New construction estimated for completion circa November 2024

Contact Sean Crimmins for your information memorandum. Viewings available via private inspection

*All figures and measurements are approximate
*Some images displayed are of a recent, similar project by the same developer.

Property ID: 504659284Last Updated: 4 Sep 2024

Baywest Real Estate -
1/109 High Street
HASTINGS, VIC 3915

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