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36 Church Street,
Hastings, VIC 3915
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High Yield Rooming House - Circa 9% Return
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Baywest Real Estate -
1/109 High StreetHASTINGS, VIC 3915
04117348...![Baywest Real Estate -](https://i1.au.reastatic.net/170x46-fit/5e6d0970a2f934e9b165612a929c40cec0bef4aeed8b17e5df872d7ce0ddb244/large.jpg)
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36 Church Street
Hastings, VIC 3915
Map of 36 Church Street
Train stations within 5 km of 36 Church Street, Hastings, VIC 3915 Distance Hastings Station 275 m Bittern Station 3.6 km POWERED BY HERE ©Bus stops within 5 km of 36 Church Street, Hastings, VIC 3915 Distance Cool Store RdVictoria St 260 m The Bays HospitalVictoria St 279 m Hastings Railway StationHigh St 288 m Hastings Shopping CentreKing St 302 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.
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
HASTINGS, VIC 3915