61 Elizabeth Street
Moe, VIC 3825

An outstanding opportunity for investors seeking immediate returns, this well-designed five-unit complex offers impressive income potential in a high-demand rental location.

Set on approximately 680 square meters, the property comprises five self-contained units. Each unit features a bedroom with built-in robes, a private bathroom, and an open-plan kitchenette and living area. A shared laundry facility adds practicality and ease of management, while the simple, low-maintenance design ensures minimal ongoing costs.

Currently, each unit returns between $350 and $380 per week, resulting in a total gross income of approximately $88,920 per annum. This represents a rare find for an established property of this calibre.

Key features include:

• Five self-contained one-bedroom units
• Shared laundry facilities
• Shared utilities for simplified management
• Strong rental income of $88,920 per annum (gross)
• Approximately 680 square meter allotment with ample outdoor space
• Close proximity to Moe CBD, shops, transport, and essential amenities

This property is ideal for investors looking to expand their portfolio or secure a solid, high-yielding investment with consistent cash flow. 61 Elizabeth Street, Moe presents an exceptional opportunity not to be missed.

Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, accuracy cannot be guaranteed. Prospective purchasers are advised to undertake their own due diligence to satisfy themselves with any pertinent matters.