Townhouse investment property in Broadmeadows. This double-storey 3-bedroom, 2-bathroom townhouse offers 220 m2 of total home area on a 159 m2 lot, with a double garage, a living area on each level, a first-floor balcony, 20mm stone benchtops, 2.7 m ceilings and split system heating and cooling. The home is currently under construction, with Torrens title and a body corporate for the shared common areas.

Broadmeadows is in the City of Hume in Melbourne's north, about 23 km from the CBD and 11 km from Melbourne Airport. The townhouse is around 700 metres from Broadmeadows train station, with bus services along Blair Street, five schools within about 900 metres, Broadmeadows Central shopping and Kangan Institute nearby, and supermarket and medical amenity planned within the precinct.

This townhouse is offered at $754,500, with an estimated rent of up to $700 per week, a gross return of about $36,400 a year and a gross yield of about 4.82%. Body corporate applies, covering shared roads, landscaping and common bin areas.

A double-storey townhouse offers low-maintenance living with separate living zones on each level, appealing to professionals, couples and small families and supporting steady rental demand.

Close to rail, schools and shopping, a brand-new townhouse in an established suburb can add reliable rental demand and a low-maintenance holding to an investment portfolio.