1 Outlook Rise, Bundoora, Vic 3083

An absolute fantastic opportunity awaits the astute investor, or owner occupier looking for a large family abode.
On offer are a massive number of bedrooms totalling 8. This rooming house meets all council requirements with permit in place and currently returning an incredible $57,000* per annum approx.
This investment opportunity offers an impressive high yield as rooming house.
Professionally and successfully operated for several years, with a high occupancy rate achieved.
Behind the high solid brick front fence lies a residence that offers; entrance portico through an undercover double carport, central hallway and polished hardwood timber flooring throughout.
Downstairs; 6 bedrooms with front bedroom leading to large front verandah, whilst another offering full en-suite. Upstairs 2 further bedrooms serviced by a balcony and large living zone with the added benefit of a storage & utility room. Further offering ducted heating, evaporative cooling, granite benchtop, timber kitchen with stainless steel 900mm appliances, and kitchen meals area,
Included in the accommodation are 8 good size bedrooms, 3 bathrooms main with corner spa, other bathroom with separate bathtub & shower, 3 toilets, double carport plus separate double garage all under a terracotta tile roof with brick veneer & weatherboard construction.
Walking distance to Bundoora Square Shopping Centre. Plenty Rd Tram and Buses. Close to Bundoora Public Golf Course and Bundoora Park & Oval, plus the historical walking trails at Darebin Creek & Mount Cooper's Settlement.
Further being a short drive to Parade College, RMIT University and the world of entertainment at University Hill shopping precinct.
- Current Operating as Successful Rooming House
- Approved Council Permit for Rooming House
- 9 Room Residence
- 8 Bedrooms
- 3 Bathrooms
- Double Garage
- Double Carport
- Hardwood Timber Flooring
- Land 533m2 approx.
- Promise yourself, “Do NOT miss this opportunity” as it is definitely the Star of Show!

* Average Rental Return for past three years.

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