48 Kaniva Street, Dallas, Vic 3047

$865,000

House
Type
6
Bedrooms
3
Bathrooms
606 mΒ²
Area

Published on Monday, May 18, 2026 ( See property details for 48 Kaniva Street, Dallas, Vic 3047)

$865,000

Amin Khoder Sales Executive | Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile, high-yield investment property with three self-contained residences in a prime Dallas location, offering strong income and flexible living options.

🏑 Property Highlights

  • Three fully self-contained residences generating a combined rental income of $69,600 per annum
  • Impressive 8.1% rental yield from day one, ideal for investors seeking strong returns
  • Flexible layout suitable for extended families or multi-generational living
  • Prime Dallas location close to schools, sports clubs, shops, and public transport
  • Low vacancy risk with diverse tenant options and long-term stability
  • Separate living spaces with modern kitchens and bathrooms for privacy and convenience

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Ensuite
  • Home Office / Study
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
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48 Kaniva Street
Dallas, VIC 3047
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Vertical aerial view β€” 48 Kaniva Street
48 Kaniva Street — Vertical Aerial  •  Dallas, VIC 3047  •  Nearmap © 2026

Dallas is a vibrant suburb offering excellent amenities, including quality schools, sports facilities, and shopping options. Its strategic location provides easy access to major arterials and public transport, making it ideal for families and investors. The community is family-friendly with parks and recreational facilities, ensuring a comfortable lifestyle. The area boasts strong rental demand, supported by its proximity to educational institutions and employment hubs. Dallas combines convenience, community spirit, and growth potential for a rewarding living and investment experience.

What is the current condition of the property and its maintenance requirements?
The property is well-maintained with modern kitchens and bathrooms, requiring minimal ongoing upkeep to ensure continued functionality and appeal.
Are there any restrictions or covenants on the property that could affect future development or renovations?
The property is on a single title with no known restrictions; however, prospective buyers should verify with local council regarding any specific covenants or zoning regulations.
What are the average utility costs for the three residences?
Utility costs vary depending on usage, but tenants typically cover their own electricity, water, and internet, with the property owner responsible for council rates and maintenance.
Is there any ongoing or upcoming development in the surrounding area that could impact the property?
Current planning and development activities in the vicinity are minimal, and the area remains stable with ongoing community amenities and infrastructure improvements.
What are the terms of the current leases, and are they renewable?
All three residences are currently leased with fixed-term agreements, and lease renewal terms can be negotiated with tenants or through property management.
Are there any hidden costs associated with property management or maintenance that I should be aware of? Has the property been inspected for structural issues, pests, or asbestos? Are there any zoning restrictions or easements that could limit future modifications? Is the property located in a flood or bushfire-prone area, and what mitigation measures are in place? Are there any upcoming planning or construction projects nearby that could affect the property's value or livability? What are the strata or body corporate fees, if applicable, and what do they cover? Are there any existing or potential disputes with neighbors or local authorities? What are the long-term capital growth prospects for the Dallas area? Has the property been compliant with all building codes and regulations? Are there any restrictions on renting out the property or specific lease conditions I should know about?

48 Kaniva Street, Dallas, Vic 3047 - More Details

$865,000

Type
House
Bedrooms
6
Bathrooms
3
Area
606 mΒ²

Price guide

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