24 Evelyn Street, Moe, VIC 3825

Its​ ​Addressed:

Purpose-built​ ​just​ ​two​ ​years​ ​ago​ ​and​ ​finished​ ​to​ ​an​ ​exceptional​ ​standard​ ​rarely​ ​seen​ ​in​ ​the​ ​rooming​ ​house​ ​sector,​ ​24​ ​Evelyn​ ​Street,​ ​Moe​ ​offers​ ​a​ ​high-performing,​ ​low-maintenance​ ​investment​ ​in​ ​one​ ​of​ ​regional​ ​Victoria’s​ ​strongest​ ​yielding​ ​markets.​ ​Set​ ​on​ ​751sqm​ ​and​ ​designed​ ​for​ ​long-term​ ​tenant​ ​appeal​ ​and​ ​operational​ ​efficiency,​ ​this​ ​is​ ​an​ ​outstanding​ ​opportunity​ ​for​ ​investors​ ​seeking​ ​reliable​ ​cashflow,​ ​strong​ ​rental​ ​demand​ ​and​ ​minimal​ ​ongoing​ ​upkeep.

Comprising​ ​nine​ ​individually​ ​self-contained​ ​rooms,​ ​each​ ​suite​ ​features​ ​its​ ​own​ ​private​ ​courtyard,​ ​split-system​ ​heating​ ​and​ ​cooling,​ ​built-in​ ​robe,​ ​and​ ​kitchenette,​ ​providing​ ​superior​ ​amenity​ ​and​ ​privacy.​ ​Importantly,​ ​each​ ​room​ ​includes​ ​its​ ​own​ ​bathroom,​ ​ensuring​ ​premium​ ​comfort​ ​and​ ​suitability​ ​for​ ​a​ ​wide​ ​range​ ​of​ ​occupants.​ ​This​ ​is​ ​not​ ​a​ ​converted​ ​dwelling​ ​—​ ​this​ ​is​ ​a​ ​high-end,​ ​fully​ ​compliant​ ​Class​ ​1B​ ​rooming​ ​house,​ ​purpose-crafted​ ​to​ ​outperform​ ​typical​ ​multi-residential​ ​assets.

Currently​ ​achieving​ ​weekly​ ​rents​ ​between​ ​$350–$400​ ​per​ ​room,​ ​the​ ​property​ ​offers​ ​a​ ​gross​ ​annual​ ​income​ ​of​ ​approximately​ ​$177,840​ ​based​ ​on​ ​full​ ​occupancy,​ ​positioning​ ​it​ ​as​ ​a​ ​powerful​ ​income​ ​generator​ ​in​ ​a​ ​market​ ​where​ ​demand​ ​continues​ ​to​ ​outstrip​ ​supply.​ ​With​ ​exceptionally​ ​high​ ​tenant​ ​appeal,​ ​modern​ ​finishes,​ ​and​ ​functional​ ​layouts,​ ​the​ ​property​ ​benefits​ ​from​ ​strong​ ​occupancy​ ​trends​ ​and​ ​ongoing​ ​demand​ ​for​ ​affordable​ ​private​ ​accommodation​ ​in​ ​regional​ ​hubs.

Externally,​ ​the​ ​property​ ​is​ ​low-maintenance​ ​and​ ​highly​ ​practical,​ ​featuring​ ​ample​ ​off-street​ ​parking,​ ​private​ ​outdoor​ ​spaces​ ​for​ ​each​ ​unit​ ​and​ ​a​ ​contemporary​ ​façade​ ​that​ ​reflects​ ​the​ ​building’s​ ​quality​ ​construction.​ ​Investors​ ​will​ ​appreciate​ ​the​ ​modern​ ​build,​ ​durable​ ​materials​ ​and​ ​compliance-driven​ ​design,​ ​all​ ​of​ ​which​ ​contribute​ ​to​ ​reduced​ ​ongoing​ ​cost​ ​exposure​ ​and​ ​increased​ ​tenant​ ​retention.

Located​ ​moments​ ​from​ ​Moe’s​ ​commercial​ ​centre,​ ​supermarkets,​ ​major​ ​employers,​ ​public​ ​transport​ ​and​ ​essential​ ​services,​ ​the​ ​property​ ​is​ ​ideally​ ​positioned​ ​to​ ​service​ ​a​ ​wide​ ​and​ ​stable​ ​tenant​ ​demographic.​ ​With​ ​infrastructure​ ​expansion​ ​and​ ​sustained​ ​population​ ​inflow​ ​supporting​ ​the​ ​region’s​ ​growth,​ ​the​ ​Moe​ ​rental​ ​market​ ​remains​ ​strong,​ ​with​ ​rooming​ ​accommodation​ ​outperforming​ ​traditional​ ​tenancy​ ​models​ ​for​ ​both​ ​yield​ ​and​ ​occupancy.

A​ ​rare​ ​opportunity​ ​to​ ​secure​ ​a​ ​high-end,​ ​high-yielding,​ ​near-new​ ​rooming​ ​house​ ​in​ ​a​ ​market​ ​with​ ​proven​ ​rental​ ​depth​ ​and​ ​strong​ ​economic​ ​fundamentals​ ​—​ ​perfect​ ​for​ ​investors​ ​seeking​ ​dependable​ ​income​ ​with​ ​minimal​ ​complexity.

Note:​ ​Every​ ​care​ ​has​ ​been​ ​taken​ ​to​ ​verify​ ​the​ ​accuracy​ ​of​ ​the​ ​details​ ​in​ ​this​ ​advertisement,​ ​however,​ ​we​ ​cannot​ ​guarantee​ ​its​ ​correctness.​ ​Prospective​ ​purchasers​ ​are​ ​requested​ ​to​ ​take​ ​such​ ​action​ ​as​ ​is​ ​necessary,​ ​to​ ​satisfy​ ​themselves​ ​with​ ​any​ ​pertinent​ ​matters.