New
Investment Opportunity: Brand New, High Yield & No Land Tax
34 Dearing Avenue, Cranbourne VIC 3977
Contact Agent
Commercial LandSize: n/a
Block size: 603 m² approx.
Nichols Crowder is pleased to present this Fully Leased, Rooming House Investment which has everything that investors are dreaming for including being high yielding (7%+), fully occupied and in high tenant demand plus excellent tax depreciation benefits and NO Land Tax bill.
This socially responsible investment is truly a unique opportunity for the savvy investor who wants it all!
Key features include:
INVESTMENT
* Gross rentals totaling $159,328 per annum from 8 residential tenants
* 0% vacancy and rooms are in high demand from tenants
* Land tax exempt status
BUILDING
* Brand new rooming house building: 300sqm*
* 8 fully contained rooms all occupied
* Outstanding tax depreciation benefits available
LOCATION
* Massive growth suburb - Cranbourne
* Easy walk for the residents to local shopping and public transport
* Cranbourne has all necessary infrastructure for a growing population
In simple terms, you have a brand new building with depreciation allowance, no land tax, a high yield and you are doing your bit for the community.
For further information please contact:
Julian Vautin 0420 406 660
James Dodge 0488 586 896
Matt Nichols 0418 186 488
PLEASE NOTE:
* All information and measurements are approximates.
This socially responsible investment is truly a unique opportunity for the savvy investor who wants it all!
Key features include:
INVESTMENT
* Gross rentals totaling $159,328 per annum from 8 residential tenants
* 0% vacancy and rooms are in high demand from tenants
* Land tax exempt status
BUILDING
* Brand new rooming house building: 300sqm*
* 8 fully contained rooms all occupied
* Outstanding tax depreciation benefits available
LOCATION
* Massive growth suburb - Cranbourne
* Easy walk for the residents to local shopping and public transport
* Cranbourne has all necessary infrastructure for a growing population
In simple terms, you have a brand new building with depreciation allowance, no land tax, a high yield and you are doing your bit for the community.
For further information please contact:
Julian Vautin 0420 406 660
James Dodge 0488 586 896
Matt Nichols 0418 186 488
PLEASE NOTE:
* All information and measurements are approximates.
Inspections
Can't inspect in person?
Contact Julian Vautin to enquire about this property including alternatives to in-person inspections.
Key details
Garage Spaces:
3
Property type:
Commercial Land
Block Size:
603 m²*
Other Details
Lot:
639
Plan:
LP44171
Legal description:
639\LP44171
Next Inspection:
Maps and area information
Block information
Block size: 603m² (approx)
Legal description: 639\LP44171
Measurements are estimates only and based on data provided under licence from
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
25 Sep 2020
Sold
CASSIMATY PROPERTY GROUP
Listed: 20/05/2020
Block size: 608m²
Transfer type: Full transfer
Cranbourne suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
37 years
Population
21,281
Listing ID: 182465325. This listing has been viewed 1 time. It was first displayed on 22/04/2024 and last updated on 23/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.