42 Pinebank Avenue, Cranbourne East

  • 5
  • 3
  • 2
  • 444 sqm
  • NEW PRICE MUST SELL $849,000-$929,000

Property Details

Fully Licensed Rooming House | Turnkey Investment | 8.2% Gross Yield delivers $1,110 per week

THE OPPORTUNITY
Seize a rare cash-flow positive investment in one of Melbourne's fastest-growing corridors. This council-registered rooming house delivers $1,110 per week ($57,720 annually) from five fully furnished, self-contained rooms—more than double the rental income of a standard single-tenancy property in the area .
INCOME BREAKDOWN
Table
Room Weekly Rent Annual Income
Room 1 $300 $15,600
Room 2 $240 $12,480
Room 3 $185 $9,620
Room 4 $175 $9,100
Room 5 $210 $10,920

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