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43 Edgar Street Werribee, VIC 3030

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43 Edgar Street,
Werribee, VIC 3030

Other

Price information

Sale

$1,850,000 - $2,000,000

Key property information

Floor area

Car spaces

Private inspections

to arrange a private inspection.

Map of 43 Edgar Street

Directions
  • Train stations within 5 km of 43 Edgar Street, Werribee, VIC 3030Distance
    Werribee Station1.3 km
    Wyndham Vale4.5 km
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  • Bus stops within 5 km of 43 Edgar Street, Werribee, VIC 3030Distance
    Edgar St/Ballan Rd (Werribee)115 m
    Edgar St/Greaves St (Werribee)178 m
    Mambourin St/Greaves St North (Werribee)224 m
    Werribee St North/Greaves St (Werribee)365 m
    Quarbing St/Greaves St (Werribee)378 m
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POWERED BY HERE ©

Incredible 8% to 9% Returns (approx.) on your investment dollars. Prime opportunity!

This is one of those opportunities that if you are capable of jumping on, you absolutely grab with both hands.

This nine room-rooming house attracts individual tenants with its serviced apartments that are primely located close to the Werribee CBD while also being quite comfortable and well appointed to your tenants keeping them in demand. Individually, this year they will attract a weekly rent of $350 per week ($18,200 Per Annum), remembering that there is nine of them, so this years' rent is expected at $163,800 (approx.) when you run the math…you are in the region of 8-9% return on investment (approx.) which is obscenely good and just not heard of.

The residence itself comprises of 9 individual rooms where they are all fully serviced with individual ensuites, queen sized bed, flat screen televisions, split system heating and cooling and a utility bench with sink, while the ground floor apartments also benefit from individual private court yards. Food preparation and laundry utilities are available via the common kitchen and meals/dining room comprising modern appliances including dishwasher and separate laundry complete with washing machine and dryer.

Off street parking is easily available with thanks to the properties 843M2 allotment (approx.), hence with a huge rear yard for parking or even entertaining guests.

Only a few kilometres from the Werribee CBD, your tenants have very simple access to shopping, public transport including the Werribee Train Station and an array of lifestyle options entailing café's, parks, the Werribee River walking, bars and other night life.

Tenant's happy, TICK!

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Property ID: 504711588Last Updated: 14 Oct 2024

04147789...
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43 Edgar Street
Werribee, VIC 3030
Ray White - Werribee
G05, 22 Synnot Street
WERRIBEE, VIC 3030

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