8 Milton Drive, Wyndham Vale, Vic 3024

$505,000

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings
563 m²
Area

Published on Wednesday, August 05, 2026 ( See property details for 8 Milton Drive, Wyndham Vale, Vic 3024)

$505,000

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

A well-positioned, low-maintenance three-bedroom investment property with long-term tenancy and future redevelopment potential in Wyndham Vale.

🏡 Property Highlights

  • Securely leased investment with long-term tenancy until 2028
  • Immediate rental income of $355 per week
  • Generous 563 m² allotment with future redevelopment potential (STCA)
  • Established three-bedroom home with hardwood timber floors
  • Large secure backyard and ample off-street parking
  • Prime location close to schools, transport, and shopping

✨ Key Features

  • Built-in Robes
  • Garage
  • Outdoor Area
  • Open-Plan Living
  • Water tank
  • Floorboards
  • Secure Parking
  • Pet-Friendly
  • Fully fenced
  • Waterfront / Views

Wyndham Vale is a thriving suburb offering excellent amenities, including schools, public transport, and shopping centres. It boasts a family-friendly environment with parks and recreational facilities. The area is known for its strong community vibe and future growth prospects, making it an ideal location for both investors and families. Conveniently situated with easy access to Melbourne CBD and regional attractions, Wyndham Vale continues to attract new residents seeking affordable and quality living options.

What is the current condition of the property and are there any recent renovations?
The property is presented in mostly original condition with beautiful hardwood timber floors; recent renovations are not specified, but the home is well-maintained and suitable for future updates.
What are the details of the current lease and rental income?
The property is securely leased until 9 January 2028, generating an immediate rental income of $355 per week, providing reliable cash flow for investors.
Are there any planning or development restrictions on the property?
The property offers exciting future potential to renovate, extend, or redevelop (STCA), subject to council approval and zoning regulations.
What amenities and services are nearby?
The property is conveniently located close to schools, public transport, shopping facilities, and everyday amenities, ensuring a comfortable lifestyle and easy access to essentials.
Is the property suitable for tenants with pets?
Yes, the property is pet-friendly, making it attractive to tenants with animals.
Are there any zoning restrictions or easements that could affect future redevelopment plans? What are the potential costs for future renovations or extensions? Are there any known issues with the property's foundation, plumbing, or electrical systems? Is there any history of flooding or bushfire risk in the area? Are there any upcoming planning or development projects nearby that could impact the property’s value or living environment?

8 Milton Drive, Wyndham Vale, Vic 3024 - More Details

$505,000

Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
Area
563 m²

Price guide

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