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558 High Street, Melton West, VIC

558 High Street, Melton West, VIC

Melton West 9-Bedroom Investment with 11.45% Yield and $158,886 Income

  • 9

    Bedrooms

  • 9

    Bathrooms

  • 4

    Car Spaces

Regular price $1,430,000

Rooming House

Regular price Sale price $1,430,000
Sale Sold out
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"High-Yield 9-Bedroom Co-Living Investment at 558 High Street, Melton West"

Property analysis by:

Investment Highlights

This premium co-living investment at 558 High Street, Melton West presents a compelling opportunity with strong rental yield and positive cashflow.

Superior Financial Performance

The property demonstrates exceptional financial metrics that significantly outperform standard residential investments:

  • Professional rental appraisal confirming $350 per week per studio
  • Substantial annual gross income of $158,886 enabling positive cashflow
  • $350 per suite per week rental assessment from professional property managers
  • All utilities, internet, furniture and amenities included in the rental model

Complete Turnkey Package

A ready-to-go, fully packaged investment designed for hands-off investors.

  • Fully self-contained studio rooms with ensuites and kitchenettes
  • Communal living and laundry facilities
  • Split-system air conditioning in each studio
  • Private outdoor areas and low-maintenance landscaping
  • Furniture packages available for immediate rental readiness

Prime Growth Location

Melton West represents one of Victoria's strategic growth corridors with excellent fundamentals:

  • Located in Melbourne’s western growth region
  • Excellent transport links to Melbourne CBD via road and rail
  • Affordable entry point compared to metropolitan alternatives
  • Significant government infrastructure investment in the broader region

Strategic Demographic Advantages

This rooming house caters to key demographics driving ongoing demand:

  • Growing healthcare and essential services employment base creating steady rental demand
  • Increasing popularity of co-living arrangements among young professionals and single occupants
  • Attractive affordability drawing essential workers and students

Room Rental Demand

This property benefits from Melbourne’s increasing demand for affordable, all-inclusive rental options:

  • Strong demand for affordable accommodation options in this regional centre
  • Limited supply of purpose-built co-living accommodation creating market opportunity
  • Low room rental supply with rising demand creating favourable conditions for investors
  • Clear demographic trends supporting continued demand

Development Activity

Melton City Council has significant development activity in the region supporting long-term growth:

  • Melton City Council development approvals showing consistent growth trend
  • Strategic planning framework guiding appropriate development
  • Government/private investment supporting long-term growth

Market Timing Advantage

Investors are positioned to benefit from strong current and future rental market trends:

  • Growing rental yield curve indicating increasing returns
  • Relative affordability vs. metropolitan Melbourne

Investment Summary

The 9-bedroom co-living property at 558 High Street, Melton West represents a premium investment combining high yield, affordable entry, and positive cashflow.

For investors seeking both immediate positive cashflow and long-term capital growth, this turnkey property in Melton West delivers a secure and scalable investment opportunity.

Property Specifications

Feature Details
Address 558 High Street, Melton West VIC 3337
Price (Turnkey) $1,430,000
Land Size 681 m²
Bedrooms 9
Bathrooms 9
Car Spaces 4
Rental Yield (Gross) 11.45%
Annual Income (Gross) $163,800
Build Contract $730,000
Land Contract $700,000