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1&2/15 Meager Street, Deer Park, Vic 3023 Sold
1&2/15 Meager Street, Deer Park, Vic 3023 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Image 1&2/15 Meager Street, Deer Park, Vic 3023-Floorplan

1&2/15 Meager Street, Deer Park, Vic 3023

$1,020,000

Block Of Units
Type
5
Bedrooms
3
Bathrooms
2
Parkings
604 m²
Area

Last updated on Friday, July 24, 2026 ( See property details for 1&2/15 Meager Street, Deer Park, Vic 3023)

$1,020,000

Ben Malaga - Real Estate Agent - Malaga Real Estate - Sunshine North
Ben Malaga Director / Licensed Estate Agent
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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

An exceptional dual dwelling investment opportunity in Deer Park offering high rental income and strong growth potential.

🏡 Property Highlights

  • Dual income streams with two quality dwellings on one title
  • Impressive combined rental return of $1,030 per week
  • Well-maintained, spacious three-bedroom family home in a sought-after location
  • Modern, low-maintenance two-bedroom unit with contemporary finishes
  • Prime position close to schools, shopping centres, and public transport
  • High-demand area offering strong investment potential

✨ Key Features

  • Built-in Robes
  • Ensuite
  • Open-Plan Living
  • Outdoor Area
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly
  • Garage / Secure Parking

Deer Park is a vibrant suburb renowned for its convenient access to major transport links, diverse shopping options, and family-friendly amenities. The area offers excellent schools, parks, and community facilities, making it highly desirable for tenants and investors alike. Its strategic location ensures strong growth prospects and consistent demand for rental properties. With a welcoming community and ongoing development, Deer Park presents a compelling opportunity for property investment.

What is the current condition of the properties and are there any recent renovations?
Both units are well-maintained with modern finishes, and recent updates have been carried out to ensure they are move-in ready and appealing to tenants.
What are the zoning and planning regulations for this property?
The property is zoned for residential use, suitable for dual occupancy, with no known restrictions on further development or modifications.
Are there any existing easements or covenants affecting the property?
There are no known easements or covenants that impact the use or development of these properties.
What are the potential costs associated with property management and maintenance?
Estimated ongoing costs include property management fees, routine maintenance, and council rates, which are typical for investment properties of this type.
Is there any upcoming development or infrastructure projects in the area?
Currently, there are no major development plans announced that would impact the property or its surroundings.
Are there any hidden costs or upcoming maintenance issues not disclosed? Has the property been inspected for structural defects or pest issues? Are there any restrictions or covenants on the property that could affect future renovations? What are the council rates and strata fees (if applicable)? Is there any history of flooding or bushfire risk in the area? Are there any planned developments nearby that could impact privacy or noise levels? What are the terms of the current lease agreements and tenant details? Are there any zoning restrictions that could limit future development or subdivision? Is the property compliant with all local building codes and regulations? Are there any easements or rights of way that could affect the property’s use or value?

1&2/15 Meager Street, Deer Park, Vic 3023 - More Details

$1,020,000

An outstanding opportunity to secure two quality dwellings on one title, offering an impressive combined rental return of $1,030 per week ($4,476 per month). Whether you're looking to expand your investment portfolio or secure a high-yield asset, this property presents exceptional value and strong income potential.

Unit 1 is a spacious and well-maintained three-bedroom, two-bathroom home located in a sought-after Deer Park location. Designed with comfortable family living in mind, the residence features a bright and inviting living area, a functional kitchen with ample storage, and a private master bedroom complete with its own ensuite. The remaining bedrooms are generously sized, providing plenty of space for families or tenants alike. Conveniently positioned close to schools, shopping centres, public transport and major road networks, the property offers both comfort and convenience.

Unit 2 is a modern and low-maintenance two-bedroom, two-bathroom residence, ideal for professionals, couples or smaller families. Offering a practical floorplan with comfortable living spaces and contemporary finishes, this well-presented unit provides excellent tenant appeal and complements the larger dwelling perfectly.

Together, these properties create a rare investment opportunity with dual income streams in a high-demand location, making them an attractive addition to any property portfolio.
Type
Block Of Units
Bedrooms
5
Bathrooms
3
Parkings
2
Area
604 m²

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