Lot 38B Nantilla Crescent, Werribee VIC

Description

This rooming house property in Werribee VIC offers nine fully self-contained bedrooms, each with its own ensuite, making it an attractive investment opportunity. The property is delivered as a full turnkey package with high-quality finishes, energy-efficient systems, and modern conveniences. With a strong rental return potential, this asset provides investors with stable income and long-term growth prospects in a thriving suburb.

Suburb profile:

Werribee is a rapidly growing suburb located in Melbourne’s west, known for its accessibility to the CBD, strong community infrastructure, and affordable living options. The area features established schools, shopping centres, public transport links, and recreational spaces. With its ongoing urban development and increasing rental demand, Werribee continues to attract both families and investors. Its strategic location also ensures consistent capital growth and strong yields.

Inclusions:

• Hybrid Flooring to Bedrooms & Living, and Tiles to Wet Areas
• Full T-Key Inclusions
• 1 B Housing Type Compliance

Internal Inclusions:

• Air Conditioner in All Bedrooms & Living Area
• Keyless Lock - Main Entrance Door & All Bedroom Doors
• 9 Bedroom Pack
• Provide a 2340h x 920w front door in lieu of the standard
• 2700 mm Ceiling Height

Appliance Inclusions:

• 900 mm Cooktop
• 600 mm Dishwasher in the kitchen
• Additional Hot Water System for Additional Ensuite

Warranties:

• 10-Year Structural Warranty

This rooming house property provides an excellent opportunity for investors seeking high-yield returns and long-term growth in a strong rental 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 a 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 akin 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 proximity to transportation, shopping centers, restaurants, cafes, and community hubs—making them an enticing choice for tenants.

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

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

Additionally, rooming house properties often boast higher capital growth potential, given their prime locations with access to transportation, education, employment, and entertainment hubs.

Why are rooming houses so attractive to investors?

• High Demand: Rooms are in high demand, ensuring quick occupancy.
• Higher Yields: Often double compared to the suburb average.
• Diverse Tenant Base: Young professionals and older singles generally seek this accommodation category.
• Tax Depreciation: Benefits from fixtures and fittings.
• Income Security: Steady income flow even when one tenant moves out.