5 Ball Court,

Bundoora

The Best Rental Return - When Location Matters!

Discover an exceptional investment opportunity with this quality-built double storey property, ideally situated in the heart of Bundoora's Lancaster pocket. This registered Rooming House is just minutes away from LaTrobe University, offering high rental returns in a prime location. Nestled in the much sought-after Polaris, Uni Hill, and Bundoora Square shopping district, this property ensures convenience and desirability for tenants.

Featuring 10 fully furnished bedrooms, a modern design kitchen, and three bathrooms, this property is designed to attract quality tenants. With an impressive rental return of approximately $128,000 per annum gross when fully rented, the financial benefits are clear. Additional features include a 10-year-old structure, solar/electric hot water service, reverse cycle heating/cooling in all rooms, and council rates of approximately $2,800 per annum.

This property sits on a 313sqm land with a house size of 28 squares, making it a substantial investment. The proximity to LaTrobe University, Parade College, RMIT University, and convenient public transport options such as a 5-minute walk to the tram (Plenty Rd) and train (Macleod) enhances its appeal. Opportunities like this are rare. Inspection is a must to fully appreciate the potential of this outstanding property. Contact us now to arrange a viewing and secure your investment.