Address available on request,
Melton South, VIC 3338
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High-Yield Multi Suite Cashflow Investment – Turnkey Investment Opportunity
Brand-new, fully compliant & registered 9-suite NewGen Rooming House — a high-income, low-maintenance investment designed for modern shared living. Built to exceptional standards, this contemporary property offers a balance of privacy, comfort, and community living in a fast-growing pocket of Melton South.
Key Highlights
9 rooms, each with a kitchenette, private ensuite and split-system heating/cooling & private courtyard
Common kitchen & laundry facilities designed for functionality and durability
High-spec inclusions throughout — porcelain tiles floor-to-ceiling in wet areas, engineered hybrid flooring to open zones, 900 mm oak vanities, semi-frameless shower screens, and stone benchtops
Quality fixtures & fittings: Mica mixers, robe hooks, towel rails, niche shelving, LED lighting, and mirror splashbacks
Premium security and technology: Lockwood digital door locks, TV points to every bedroom, external lighting to all entries, and provision for data and telephone points
Energy-efficient construction with R6.0 ceiling and R2.5 wall insulation, Colorbond roofing, and solar hot water system
Low ongoing costs with a 6.5-year structural warranty and 3-month maintenance period post-handover
Plain concrete driveway, fencing, and landscaping included — turnkey and ready to lease
Location
Perfectly positioned close to Melton South Station, shops, and local amenities, ensuring strong tenant demand and consistent rental income. The area continues to benefit from infrastructure upgrades and population growth, underpinning long-term capital appreciation.
Investment Snapshot
Fully leased potential circa: $3,000 + per week
Estimated gross yield circa: 9.5 % + p.a.
Professionally managed by NewGen Rooming House specialists
This is one of Melton South’s best-presented and will be one of the highest-returning NewGen Rooming Houses in the area — a rare, ready-made income generator in a proven location.
For further information or an Information Memorandum, contact Scott Banks Real Estate Group today.
Disclaimer:
All financial figures, returns, and yield estimates are provided as a guide only and are subject to market fluctuations, management costs, and occupancy levels. Prospective purchasers should conduct their own due diligence and obtain independent financial advice before making any investment decision.
Key Highlights
9 rooms, each with a kitchenette, private ensuite and split-system heating/cooling & private courtyard
Common kitchen & laundry facilities designed for functionality and durability
High-spec inclusions throughout — porcelain tiles floor-to-ceiling in wet areas, engineered hybrid flooring to open zones, 900 mm oak vanities, semi-frameless shower screens, and stone benchtops
Quality fixtures & fittings: Mica mixers, robe hooks, towel rails, niche shelving, LED lighting, and mirror splashbacks
Premium security and technology: Lockwood digital door locks, TV points to every bedroom, external lighting to all entries, and provision for data and telephone points
Energy-efficient construction with R6.0 ceiling and R2.5 wall insulation, Colorbond roofing, and solar hot water system
Low ongoing costs with a 6.5-year structural warranty and 3-month maintenance period post-handover
Plain concrete driveway, fencing, and landscaping included — turnkey and ready to lease
Location
Perfectly positioned close to Melton South Station, shops, and local amenities, ensuring strong tenant demand and consistent rental income. The area continues to benefit from infrastructure upgrades and population growth, underpinning long-term capital appreciation.
Investment Snapshot
Fully leased potential circa: $3,000 + per week
Estimated gross yield circa: 9.5 % + p.a.
Professionally managed by NewGen Rooming House specialists
This is one of Melton South’s best-presented and will be one of the highest-returning NewGen Rooming Houses in the area — a rare, ready-made income generator in a proven location.
For further information or an Information Memorandum, contact Scott Banks Real Estate Group today.
Disclaimer:
All financial figures, returns, and yield estimates are provided as a guide only and are subject to market fluctuations, management costs, and occupancy levels. Prospective purchasers should conduct their own due diligence and obtain independent financial advice before making any investment decision.
Melton South, 3338 demographic data
The median household income for Melton South is $1,209, 36% lower than Greater Melbourne's household income of $1,901. Melton South has a younger age profile compared to the rest of Greater Melbourne (median age 35 vs 37). Property ownership data shows 58% of property owners in Melton South have a mortgage.
11,362
Population
$1,209 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households
0411 700 0...
Address available on request
Melton South, VIC 3338
Scott Banks Real Estate Group - TOORAKLevel 1/459 Toorak Rd
TOORAK, VIC 3142
TOORAK, VIC 3142
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