Outstanding Rooming House Investment with Approx. $132,600 p.a. Gross Return

950 Nepean Highway, Mornington presents a compelling investment opportunity to acquire a high-performing rooming house asset within one of Victoria’s most sought-after coastal and growth markets.

Comprehensively configured as an eight-bedroom rooming house, the property has been thoughtfully designed to maximise both resident comfort and investment performance. Spacious accommodation, well-appointed communal facilities and a practical floor plan create a highly functional living environment that continues to attract strong tenant demand.

Currently generating approximately $134,000 per annum in gross rental income, this established investment offers immediate cash flow with the opportunity for future growth.

Adding further appeal, the vendor advises that preliminary discussions with an experienced building surveyor indicate potential to extend the existing rooming house from eight to twelve bedrooms (STCA). Purchasers are encouraged to make their own enquiries with the relevant authorities and consultants regarding any future development or approval requirements.

Strategically positioned on the highly exposed Nepean Highway corridor, the property benefits from exceptional accessibility, strong underlying accommodation demand and close proximity to major employment, education, retail and lifestyle precincts. Its prime location provides seamless connectivity to Peninsula Link, major arterial road networks and Mornington’s thriving commercial centre.

Investment Highlights

• Established eight-bedroom rooming house investment with immediate income
• Currently generating approximately $134,000 per annum in gross rental income
• Positive cash flow and attractive investment return
• Potential to further enhance the asset through future expansion to up to twelve bedrooms (STCA)
• Prominent Nepean Highway frontage with exceptional exposure to passing traffic
• Strong and diversified accommodation demand profile
• Excellent access to Peninsula Link and major transport infrastructure
• Minutes from Main Street Mornington, retail centres, medical facilities and public transport
• Located within a high-growth Mornington Peninsula market supported by strong demographic fundamentals
• Potential for future rental growth and further value-add opportunities (STCA)
• Landholding positioned within one of Victoria’s premier lifestyle destinations

Invest with confidence in a proven accommodation asset offering immediate income, future upside and an outstanding location at the gateway to the Mornington Peninsula.

To arrange an inspection, please contact:

Mitch (Hung) Nguyen – 0478 777 666
Trin Le – 0431 767 888
Professionals St Albans

Condition of Entry: Please note that photo identification is required for all attendees inspecting the property.

Disclaimer: All information, including illustrations, is provided in good faith and is believed to be accurate at the time of publication. However, neither the vendor nor the agent guarantees its accuracy or completeness. Interested parties should rely on their own enquiries, investigations and due diligence, including obtaining independent professional advice where appropriate. Rental income figures, future development potential and any approvals referred to are indicative only and subject to purchaser verification and all relevant statutory approvals.