Your Dream Investment Starts Here – Secure High Returns in One of Victoria’s Most Sought-After Regional Hotspots!
🔥Premium Lot in Estuary Estate – Limited Opportunity!🔥
📍Location: Estuary Estate, Leopold VIC
💰Total Price: $777,020
- Land Price: $350,000
- Build Price: $427,020
- Titles Due: March 2025
- Potential Rental Income: $1,400 per week by Christmas 2025!
🎁An Investment That Pays for Itself - Imagine Unwrapping a High-Yield Property This Christmas🎁
🌟Why Invest in This Property?
✅ Prime Location: Just minutes from the ocean, offering a coastal lifestyle with strong rental demand.
✅ Easy Commute: Quick access to Geelong & Melbourne, perfect for professionals and families.
✅ Strong Growth Potential: Leopold is booming, making it one of Victoria’s top regional investment spots.
✅ High Rental Yield: Earn $72,800 per year in rental income—a solid return on investment.
✅ Titles in March 2025: Start building immediately and have tenants moving in by the end of the year!
Rooming Houses in Victoria: FAQ 101
Thinking about investing in a rooming house in Victoria? Here’s everything you need to know—fast, clear, and to the point!
🔹 What is a Rooming House?
A rooming house is a property where multiple tenants rent individual rooms under separate lease agreements. Unlike a standard residential rental (Class 1A), a Class 1B rooming house can have:
✅ Up to 9 bedrooms
✅ A total building size under 300 sqm
✅ Up to 9 separate leases (with the required Rooming House License)
🔹 How Do I Get a Rooming House License?
The process is straightforward:
1️⃣ Create a myCAV account – Free
2️⃣ Apply for an individual license – $259.80
3️⃣ Complete a criminal history check – Free
📌 Heads up! Additional renewal fees may apply, depending on local council requirements.
💡 Once licensed, you may be eligible for a land tax exemption! Check details here.
🔹 Property Management & Costs
Ongoing Management Fees:
- Property Management Fee: 8.9% (ex GST)
- Leasing Fee: 2 weeks' rent (ex GST)
- Marketing Fee: $200 per let (ex GST)
✅ Rental Guarantee: 75% of total rental income (effective once all rooms are leased).
📌 Typical yearly outgoings: ~$8,500 (including council rates, utilities, and maintenance).
🔹 Furniture & Insurance Costs
🏡 Furniture Packages:
- 5-bedroom package: $32,900
- Only 50% upfront is required, with the remainder deducted from rental income over 12 months.
🛡 Insurance:
- Expect to pay around 10% more than standard landlord insurance due to the co-living setup.
🔹 Why Invest in a Rooming House?
✅ Higher rental yield with multiple leases
✅ Potential land tax exemptions
✅ Lower vacancy risk compared to a single-tenant rental
If you're looking for a high-yield investment strategy in Victoria, a rooming house could be a game-changer! 🚀
💡 The Perfect Investment for Smart Investors!
This opportunity won’t last! With strong regional demand, coastal proximity, and an unbeatable rental return, this is the investment you’ve been waiting for!
🔹 Lock in your investment today and start building wealth for your future.
📞 Act Now! Contact us today to secure this premium lot before it’s gone! 🚀
House & Land: 5 / 5 / 2
House: 205.75 m2: $427 020
Land: 401 m2: $350 000
Est. rent: $1 400 p/w
Est. land registration: March 2025
The floor plan, furniture and fixtures, measurements, and dimensions are approximate and are for illustrative purposes only.
Contact us today so we can start Building Your Dreams.
Calla Property Investment Specialists:
+61 407 465 850 | +61 482 080 189