Lot 1027 Ferntree Ridge, Drouin VIC

Drouin, West Gippsland , VIC, 3818

$ 799,990

Drouin, West Gippsland , VIC, 3818
Lot 1027 Ferntree Ridge, Drouin VIC-0
Lot 1027 Ferntree Ridge, Drouin VIC-1

Property Images

Lot 1027 Ferntree Ridge, Drouin VIC-0 Lot 1027 Ferntree Ridge, Drouin VIC-1

Overview

Property ID: LA-21057

  • Dual Occupancy
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1+1
  • Cars
  • 213

Details

Updated on Mar 05, 2026 at 12:55 pm

Property Type: Dual Occupancy
Secondary Type: N/A
Price: $ 799,990
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 910
Gross Per Annum: $ 47,320
Gross Yield: 5.92%
Capital Growth 12 Months: -3.88%
Capital Growth 10 Year Annualised: 6.51%
Vacancy Rate: 0.37%
Property Size: 213 m2
Land Area: 407 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 1+1
Title Status: Titled
Property ID: 21057
SKU: 1026

Description

This stunning dual occupancy property in Drouin VIC presents a unique investment opportunity with two independent dwellings on a single lot. Offering a total of 3+2 bedrooms, 2+1 bathrooms, and a double garage, this full turnkey package ensures modern living with high-quality finishes throughout. With a strong rental appraisal of $910 per week, it delivers both comfort and excellent investment value.

Suburb profile:

Drouin is a thriving regional town in West Gippsland, VIC, known for its strong community atmosphere and convenient access to Melbourne via the Princes Freeway and rail. The area boasts excellent schools, sporting facilities, and essential amenities, making it attractive for families and tenants alike. With ongoing growth in population and infrastructure, Drouin offers investors strong rental demand and long-term capital growth potential.


Inclusions:

  • Stainless steel kitchen appliances including dishwasher
  • Elevated 2.55m ceiling heights throughout
  • Laminate wood flooring to living areas and quality carpet to bedrooms
  • Heating and cooling (as per plans)
  • LED downlights to all living areas and bedrooms
  • Ceiling fans in living and bedrooms
  • Driveway, fencing, garden taps, and turf to front and rear
  • Clothesline, letterbox, antenna, and blinds
  • Site works, council charges, and standard construction costs included

Site Inclusions - Site Works, Foundations & Connections:

  • Sewerage connected to legal point
  • Stormwater connected to council’s discharge point
  • Electricity connected to underground supply
  • Extension of gas supply provided
  • Telephone points provisioned
  • Residential slab construction as per AS 2870
  • Engineer-designed slab for Class H soil
  • Termite protection as per AS 3660.1-2000

Preliminary Inclusions:

  • Working drawings
  • Engineering
  • Energy report
  • Soil report
  • Site survey
  • Developer approval
  • Building permit

Internal Inclusions:

  • 2550mm ceiling height
  • Architraves & skirting pre-primed MDF
  • Flush panel internal doors with lever handles
  • Laminate cabinetry with stone benchtops
  • Carpet to bedrooms, timber laminate to living
  • Reverse cycle split system air conditioning

External Inclusions:

  • Concrete roof tiles
  • Colorbond fascia, gutters, and downpipes
  • Aluminium sliding windows with key locks
  • Solid entry door with deadlocks
  • Brickwork with natural mortar
  • Garage panel lift door with remotes

Landscaping Inclusions:

  • Front and rear turf
  • Driveway included (coloured concrete)
  • Clothesline and letterbox
  • Garden taps to front and rear

Electrical Inclusions:

  • LED downlights (up to 25 included)
  • 2 telephone points and 2 TV points
  • Exhaust fans to bathrooms
  • Smoke detectors hardwired
  • External flood lights
  • NBN provisions

Appliance Inclusions:

  • 600mm stainless steel oven
  • 600mm stainless steel cooktop
  • 600mm stainless steel rangehood
  • 600mm stainless steel dishwasher

Energy Efficiency:

  • 6-star energy rating
  • R3.5 ceiling batts and R2.0 wall insulation
  • Sarking to external frame
  • Chromagen solar hot water system

Warranties:

  • 10-year structural guarantee

This dual occupancy property in Drouin delivers a complete turnkey solution with two rental incomes from one lot. With strong rental yields, modern inclusions, and a growing regional location, it offers an outstanding opportunity for investors seeking reliable returns and long-term growth potential.

Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.

These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.

The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.

The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.

Disclaimer*

All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 1027 Ferntree Ridge, Drouin VIC
City West Gippsland
State VIC
Postcode 3818
Suburb Drouin

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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.

SMSF Single Contract

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