Lot 1 Hillford Street, Newcomb VIC
Newcomb, Geelong, VIC, 3219$ 1,547,200
Overview
Property ID: LA-19551
- Rooming House
- Property Type
- 9
- Bedrooms
- 9
- Bathrooms
- 2
- Cars
- 767
Details
Updated on Nov 03, 2025 at 01:19 pm
| Property Type: | Rooming House |
|---|---|
| Price: | $ 1,547,200 |
| Land Price: | $ 670,000 |
| Build Price: | $ 877,200 |
| Gross Per Week: | $ 2,800 |
| Gross Per Annum: | $ 145,600 |
| Gross Yield: | 9.41% |
| Capital Growth 12 Months: | -3.72% |
| Capital Growth 10 Year Annualised: | 6.26% |
| Vacancy Rate: | 1.07% |
| Property Size: | 767 m2 |
| Land Area: | 295 m2 |
|---|---|
| Bedrooms: | 9 |
| Bathrooms: | 9 |
| Parking: | 2 |
| Title Status: | Titled |
| Property ID: | 19551 |
| SKU: | 1053 |
Description
This 9 bedroom rooming house in Newcomb offers a turnkey specification on titled land, designed for low vacancy and simple management. It features hybrid flooring to bedrooms and living, 2700 mm ceilings, and air conditioning to all bedrooms plus the living area. Security and durability are supported by keyless locks to the main entry and each bedroom, along with an upgraded 2340 x 920 mm front door. Daily practicality is enhanced by a 900 mm cooktop, a 600 mm dishwasher, and an additional hot water system for the extra ensuite.
Suburb profile:
Newcomb is an established pocket of Greater Geelong popular with renters seeking convenience and amenity. It offers access to shopping, schools, and community services, with straightforward connections to Geelong’s employment centres. The area’s blend of established neighbourhood character and practical proximity supports consistent rental demand for well specified shared accommodation.
Inclusions:
- Full turnkey inclusions
- 1B housing type compliance
- 9 bedroom pack
Internal Inclusions:
- Hybrid flooring to bedrooms and living
- Tiles to wet areas
- 2700 mm ceiling height
External Inclusions:
- Upgraded 2340 x 920 mm front door
- Keyless lock to main entrance and all bedroom doors
Electrical Inclusions:
- Air conditioner in all bedrooms and living area
- Additional hot water system for the additional ensuite
Appliance Inclusions:
- 900 mm cooktop
- 600 mm dishwasher
Upgraded Inclusions:
- 2700 mm ceiling height
- 2340 x 920 mm front door in lieu of standard
Warranties:
- 10 year structural warranty
This rooming house combines a high utility layout with an investor friendly specification, supporting strong rental appeal and efficient operation.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.