Lot 270 133 Pierview Drive, Curlewis VIC

Description

This Rooming House in Curlewis offers a well-balanced combination of modern living and investment potential. Featuring 9 bedrooms, 9 bathrooms and 2 car space/s, it has been designed with both comfort and functionality in mind. Its practical layout and quality finishes make it appealing to tenants and homeowners alike. Located in a growing area, it provides strong prospects for both rental demand and long-term capital growth. A property that delivers both lifestyle and value.

Suburb profile:

Curlewis is a thriving coastal suburb on the Bellarine Peninsula, offering an enviable lifestyle with stunning bay views, modern residential estates, and a welcoming community atmosphere. The suburb is conveniently located near quality schools, shopping centres, healthcare facilities, and the Curlewis Golf Club, while providing easy access to the beautiful beaches of Port Phillip Bay. Residents enjoy excellent local amenities, including Woolworths Curlewis and nearby recreational attractions, making it ideal for families and professionals alike. Strong population growth, ongoing infrastructure development, and increasing rental demand continue to enhance the investment appeal of Curlewis. Investors are attracted to Curlewis for its combination of coastal living, affordability, and long-term capital growth potential.

This property is built with long-term growth in mind, offering security, value and strong returns. It provides confidence for investors looking to build wealth while ensuring everyday comfort for residents. A reliable choice in today's market.

Single-person households are on the rise, accounting for a significant 25% of all households in Australia. This trend shows no signs of slowing down, and experts project continued growth in single-person households, reaching an estimated 3 to 3.5 million over the next two decades. This surge underscores the increasing demand for housing options tailored to individual occupants.

Rooming house properties represent a form of shared accommodation, offering private bedrooms with ensuite bathrooms, and often including living and kitchenette facilities similar to a compact one-bedroom unit or apartment. These properties appeal to tenants seeking affordable, adaptable, and hassle-free living arrangements that align with their lifestyles and requirements.

Many rooming houses are strategically situated in suburban areas, providing close proximity to transport, shopping centres, restaurants, cafés, and community hubs, making them an attractive choice for tenants.

Typical rooming house tenants include young professionals, students, digital nomads, entrepreneurs, creatives, and seniors who prioritise convenience, connectivity, and collaboration.

For investors, rooming house properties offer a compelling value proposition. They present a high-yield, low-risk, and future-focused investment opportunity. Rooming house properties consistently maintain higher occupancy rates, lower vacancy rates, and reduced turnover compared to traditional rentals. This aligns with the growing demand for affordable and flexible housing solutions in urban settings.

Additionally, rooming house properties often boast stronger capital growth potential due to their prime locations with access to transport, education, employment, and entertainment hubs.

Why are rooming houses so attractive to investors?

• High Demand: Rooms are in strong demand, ensuring quicker occupancy.
• Higher Yields: Often double the suburb average.
• Diverse Tenant Base: Young professionals and older singles commonly seek this style of accommodation.
• Tax Depreciation: Potential benefits from fixtures and fittings.
• Income Security: Steady income flow even when one tenant moves out.