Lot 97 Heaths Road, Hoppers Crossing VIC

Description

This rooming house property in Hoppers Crossing presents a modern and high-yield investment opportunity. Featuring 9 bedrooms, each with its own ensuite, and designed with premium inclusions, it offers tenants both privacy and comfort. The property is a full turnkey package, providing investors with a hassle-free and ready-to-go solution.

Suburb profile:

Hoppers Crossing, located in Melbourne’s west, is a thriving suburb known for its strong infrastructure, affordability, and growing demand for housing. The area benefits from excellent transport links, shopping centres, schools, and healthcare facilities. With large residential blocks and ongoing development, Hoppers Crossing is increasingly popular with both families and investors. High rental demand and strong community amenities make this suburb a strategic choice for long-term property growth.

Inclusions:

• Hybrid flooring to bedrooms & living, and tiles to wet areas
• 900 mm cooktop and 600 mm dishwasher in the kitchen
• 2700 mm ceiling height
• Full turnkey inclusions

Upgraded Inclusions:

• Provide a 2340h x 920w front door in lieu of the standard
• 1B Housing Type Compliance
• Keyless lock for main entrance and all bedroom doors
• Additional hot water system for ensuite
• Air conditioner in all bedrooms and living area

Warranties:

• 10-Year Structural Warranty

This rooming house property offers investors an attractive opportunity with high rental yields, strong tenant demand, and long-term growth potential in a well-connected Melbourne suburb.

Single-person households are on the rise, accounting for a significant 25% of all households in Australia. This trend is expected to continue, highlighting the demand for housing designed for individual occupants.

Rooming house properties provide private bedrooms with ensuite bathrooms and often include additional living and kitchenette facilities, appealing to tenants seeking affordable, adaptable, and convenient living arrangements.

Many are strategically located in suburban areas, close to transport, shopping, dining, and community hubs, making them highly desirable for tenants.

For investors, these properties offer higher occupancy rates, reduced turnover, and stronger yields compared to traditional rentals. They also benefit from tax depreciation, income security, and potential for capital growth in prime locations.

Why are rooming houses so attractive to investors?

• High Demand: Rooms are in strong demand, ensuring quick occupancy
• Higher Yields: Often double the suburb average
• Diverse Tenant Base: Professionals, students, and singles seek this housing type
• Tax Depreciation: Benefits from fixtures and fittings
• Income Security: Steady income even if one tenant vacates