• Why Hoppers Crossing Hoppers Crossing, a suburb in Melbourne’s west, can be considered a strong location for Rooming House Investment for several key reasons
• Strong Demand for Affordable Housing
• Strategic Location & Infrastructure
• Large Blocks & Development Potential
• High Rental Yields
• Supportive Council
Property details: 9 BED ROOMING HOUSE – CO-LIVING
Land details: 97 Heaths Road, Hoppers Crossing – Victoria
Land size: 530m2 Price: $560,000 registered
Details: – total of 9 beds, 9 baths, 2 cars
Total package cost: $1.453,200
Size: 295m2 Build Price: $893,000
Rental estimate: 9 BEDROOMS EACH WITH PRIVATE ENSUITE –
ESTIMATED: $330 TO $360 PER WEEK PER ROOM = $2970 – $3240 TOTAL PER WEEK
Turn key contract – tenant ready!
Off the Plan Purchase – this property is not yet constructed
Two contract purchase – Land plus HIA Building contract
Required: EOI / ID for all buyers / Brokers or lenders letter of pre approval
21 days for finance approval – land settlement 14 days from unconditional finance approval
5% deposit paid on unconditional for Building Contract – progressive drawdowns
If anything different we will advise you!
Inclusions: please ask for the full list of the inclusions – quality fit put and species
There is opportunity to fully furnish the property ready for occupation – the total cost of the comprehensive furniture package is an additional $22,000. Please request details.
FOR SALE: $1.453,200
Kaye Tilley 0418 823 046
