FOR SALE
$789,000

4B Mitchells Road
Moe VIC 3825

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 358m2
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The Brief: Modern Rooming House Investment in Prime Moe Location

Its Addressed:
Located in a sought-after residential pocket of Moe, this modern 7-bedroom, 3-bathroom property offers an exceptional investment opportunity for those seeking high cash flow and low-maintenance returns. Perfect for savvy investors, this purpose-built rooming house is designed to cater to the strong demand for quality rental accommodation in the area.
Constructed in 2017, the property boasts a contemporary design with high-quality finishes throughout. Each of the seven bedrooms is well-appointed and designed for comfort, while the communal living areas provide ample space for tenants to relax and socialize. With minimal upkeep required, this low-maintenance property is an attractive option for investors seeking a hassle-free addition to their portfolio.
The property generates an impressive rental income of $79,440 per annum, highlighting its strong potential as a lucrative investment. Moe’s robust rental market, driven by demand from local industry workers, ensures consistent occupancy and returns, making this property a secure and profitable choice.
Moe is a thriving regional town offering a host of conveniences, including shopping centers, schools, and recreational facilities. Its strategic location provides easy access to the freeway and public transport, making it a practical choice for tenants commuting to nearby areas. Whether you’re a seasoned investor or just starting your portfolio, this property is a standout opportunity in one of Moe’s most promising locations.
Contact us today to arrange an inspection and secure this outstanding investment property.
For more Real Estate in Moe contact your Area Specialist.
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.

Property Details for 4b Mitchells Rd, Moe

Building Type
Commercial
Land Size
358m2

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About Moe 3825

The size of Moe is approximately 18.2 square kilometres. It has 28 parks covering nearly 7.1% of total area. The population of Moe in 2011 was 8,750 people. By 2016 the population was 8,792 showing a population growth of 0.5% in the area during that time. The predominant age group in Moe is 60-69 years. Households in Moe are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Moe work in a trades occupation. In 2011, 61.2% of the homes in Moe were owner-occupied compared with 61.3% in 2016.

Moe has 6,486 properties. Over the last 5 years, Houses in Moe have seen a 68.24% increase in median value, while Units have seen a 58.24% increase. As at 30 November 2024:

  • The median value for Houses in Moe is $355,323 while the median value for Units is $277,589.
  • Houses have a median rent of $380 while Units have a median rent of $280.
There are currently 54 properties listed for sale, and 11 properties listed for rent in Moe on OnTheHouse. According to CoreLogic's data, 258 properties were sold in the past 12 months in Moe.

Suburb Insights for Moe 3825

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Luke Woodham
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AREA SPECIALIST KEYSBOROUGH
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.