FOR SALE
660,000

25 Scenic Road
Warragul VIC 3820

Bedrooms: 6
Bathrooms: 2
Car spaces: -
Land area: 644m2
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Cashflow investment opportunity.

Introducing 25 Scenic Road, Warragul, an exceptional cashflow investment opportunity that shouldn't be missed. This property presents a fully compliant 6-room rooming house, with extensive renovations amounting to nearly $100k, ensuring both legal compliance and a functional layout that appeals to tenants.
This home has been designed with functionality in mind. The bathroom features a separate toilet for added convenience, while the mudroom and large laundry provide ample storage space.
The separate lounge and dining areas provide a perfect setting for relaxation and entertaining, and the fully functional kitchen ensures that culinary endeavors are a joy. Equipped with both a gas heater and ducted heating, as well as a split system air conditioning unit, this home ensures year-round comfort regardless of the weather outside.
Step outside and immerse yourself in the beauty of the generous 644m2 allotment. The secure yard offers peace of mind for families, while the detached two-car garage with a concrete floor and remote access provides ample space for vehicles and storage. Additional features include a garden shed for all your outdoor equipment, a low-maintenance garden that allows for more leisure time, and a covered barbecue patio where you can unwind and enjoy the company of friends and family.
This investment opportunity boasts low overheads and attractive profit margins, making it an ideal choice for savvy investors seeking a lucrative venture. The property is situated in a well-established area, offering easy access to various amenities and conveniences, further enhancing its appeal to prospective tenants.
In addition to its current income potential, this property presents future opportunities for capital growth through value-added renovations. With the ability to enhance and improve the property, investors have the chance to increase its value over time, maximizing their returns.
Don't miss out on this fantastic investment prospect. With its compliant rooming house layout, strong cashflow potential, and the added benefit of future capital growth, this property is a smart choice for investors looking to maximize their returns in the thriving Warragul market. Situated in a picturesque location, this property offers the perfect blend of convenience and tranquility. With its close proximity to Warragul CBD, the Golf course, sporting fields, Warragul Primary School, St Paul's Anglican College, and the scenic beauty of the Scenic Reserve park just across the road, this home truly captures the essence of comfortable living.
In summary, rooming house investing offers a range of benefits including higher rental income potential, lower upfront costs, minimized vacancies, flexibility in property management, and the opportunity to make a positive social impact. It is a compelling investment option for those seeking consistent cash flow and long-term financial growth.
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Property Details for 25 Scenic Rd, Warragul

25 Scenic Rd, Warragul is a 6 bedroom, 2 bathroom House. The property has a land size of 644m2. The place is currently for sale with Coronis Hastings & Koo Wee rup.

Building Type
House
Land Size
644m2

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About Warragul 3820

The size of Warragul is approximately 55 square kilometres. It has 43 parks covering nearly 4.4% of total area. The population of Warragul in 2011 was 14,073 people. By 2016 the population was 15,764 showing a population growth of 12.0% in the area during that time. The predominant age group in Warragul is 50-59 years. Households in Warragul are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warragul work in a professional occupation. In 2011, 71.9% of the homes in Warragul were owner-occupied compared with 72.7% in 2016.

Warragul has 12,723 properties. Over the last 5 years, Houses in Warragul have seen a 40.48% increase in median value, while Units have seen a 42.31% increase. As at 31 October 2024:

  • The median value for Houses in Warragul is $670,785 while the median value for Units is $420,824.
  • Houses have a median rent of $520 while Units have a median rent of $380.
There are currently 201 properties listed for sale, and 29 properties listed for rent in Warragul on OnTheHouse. According to CoreLogic's data, 516 properties were sold in the past 12 months in Warragul.

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Brett Stickland
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David Fang
Coronis Hastings & Koo Wee rup
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