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7 Kallista-Emerald Road, Kallista, Vic 3791

$1,500,000 - $1,650,000

Block Of Units

Type

Bedrooms

Bathrooms

1,919 m²

Area

Last updated on Wednesday, September 09, 2026 ( See property details for 7 Kallista-Emerald Road, Kallista, Vic 3791)

$1,500,000 - $1,650,000

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GLENN GARDINER Director, Licensed Estate Agent

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Scott Allison Director & Licensed Estate Agent & Auctioneer

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare, fully leased, high-yield investment opportunity comprising six low-maintenance, single-storey units in the heart of the Dandenong Ranges.

🏡 Property Highlights

Fully leased income-producing complex with established tenancies
High rental yield of 7% with annual income of $110,000
Low-maintenance, solid brick veneer construction
Consists of six single-storey, 1-bedroom units configured as three duplex pairs
Located in the sought-after Dandenong Ranges near Sherbrooke Forest
Exceptional investment opportunity with strong tenant demand and stability

✨ Key Features

Built-in Robes
Open-Plan Living
Single Storey
Outdoor Area
Ensuite
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Waterfront / Views

Suburb and Property Insights of Kallista, VIC 3791

Kallista offers a peaceful lifestyle in the Dandenong Ranges, renowned for its natural beauty and proximity to Sherbrooke Forest. The suburb boasts strong tenant demand due to its scenic surroundings and convenient access to local amenities. It is an ideal location for investors seeking stability and high yields in a sought-after lifestyle setting. The area combines tranquil living with excellent connectivity, making it perfect for long-term tenants and owner-occupiers alike.

Frequently Asked Questions

What is the current rental income and yield of the property?

The property generates an annual rental income of $110,000, representing a strong 7% rental yield.

Are the units fully leased and with long-term tenants?

Yes, all six units are fully leased with established tenants, and there is extremely low turnover.

What is the construction type of the units?

The units are constructed with solid brick veneer, ensuring durability and low maintenance.

What is the configuration of the units?

The property comprises three duplex-style pairs, each with a single-storey, 1-bedroom layout.

What are the key advantages of investing in this property?

This property offers scale, stability, high returns, low maintenance, and a prime location in the Dandenong Ranges.

What to ask about this property to agent?

Are there any upcoming or planned developments in the area that could affect the property's value or tenant demand? What are the total ongoing costs, including council rates, strata fees (if applicable), and maintenance expenses? Is there any history of structural issues or repairs needed for the brick veneer units? Are there any restrictions or easements on the property that could impact future development or use? What is the zoning classification, and are there any planning restrictions relevant to this property? Has the property been affected by any flooding or bushfire risks in the past? Are there any strata or body corporate fees associated with the units? Is there any planned infrastructure or roadworks nearby that could cause noise or disruption? What is the current condition of the units, and are there any renovations or upgrades needed? Are there any lease or tenancy restrictions that potential buyers should be aware of?

7 Kallista-Emerald Road, Kallista, Vic 3791 - More Details

$1,500,000 - $1,650,000

An exceptional opportunity to secure a fully leased, income-producing complex in the heart of the Dandenong Ranges. Offering scale, stability and strong returns, this is a rare find in a tightly held lifestyle location.

Property Features:
• 6 x 1-bedroom, single-storey residential units
• Solid brick veneer construction
• Configured as three duplex-style pairs
• Fully leased with established tenancies
• Returning $110,000 per annum
• Excellent 7% rental yield
• Low-maintenance investment
• Extremely low turnover with tenants occupying for many years

Ideally located close to Kallista and the iconic Sherbrooke Forest, the property benefits from strong tenant demand driven by its peaceful surrounds and convenient access to amenities.

Multi-dwelling investments of this calibre are exceptionally rare in the Dandenong Ranges — a secure, high-yield addition to any portfolio.

Type: Block Of Units
Bedrooms: 6
Bathrooms: 6
Area: 1,919 m²

Price guide

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Scott Allison

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7 Kallista-Emerald Road, Kallista, Vic 3791

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