Rosebud Investment Property with 3 Units and Future Development Potential

For Sale

91 Eastbourne Road, Rosebud, Vic 3939-Image

91 Eastbourne Road, Rosebud, Vic 3939-Floorplan

House

Type

Bedrooms

Bathrooms

Parkings

1,169 m²

Area

Published on Monday, July 20, 2026 ( See property details for 91 Eastbourne Road, Rosebud, Vic 3939)

$1,090,000 - $1,199,000

View the agent price guide.

Michelle Bennie - Real Estate Agent - Ray White - Rosebud

Michelle Bennie Senior Sales Executive | Licensed Estate Agent

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Nicola Hayes - Real Estate Agent - Ray White - Rosebud

Nicola Hayes Sales Associate to Michelle Bennie

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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 investment opportunity featuring three well-maintained, fully tenanted units on a substantial landholding with future development potential in Rosebud.

🏡 Property Highlights

Three fully tenanted units on a single title providing immediate income
Strong rental history with long-term tenants ensuring stability
Generous 1,189sqm allotment offering future development potential (STCA)
Well-maintained units featuring open plan living, private courtyards, and modern amenities
Prime investment opportunity with high rental yield of approximately $69,350 per annum
Privately positioned with secure, low-maintenance outdoor spaces

✨ Key Features

Three units on one title
Balcony
Open-Plan Living
Built-in Robes
Heating
Secure Parking
Outdoor Area
Private Courtyard
Additional shedding and storage
Pet-Friendly

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91 Eastbourne Road

Rosebud, VIC 3939

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Suburb and Property Insights of Rosebud, VIC 3939

Rosebud offers a vibrant coastal lifestyle with beautiful beaches, excellent local amenities, and strong community spirit. The suburb features convenient access to shopping, dining, and recreational facilities, making it ideal for both residents and investors seeking long-term growth. Its proximity to Melbourne ensures ongoing demand for quality properties, supported by a relaxed seaside atmosphere and scenic natural surroundings.

Frequently Asked Questions

What is the current rental income and occupancy status of the units?

The property generates a combined rental income of $1,330 per week, with all three units currently tenanted by long-term tenants, ensuring stable income and occupancy.

Are there any planning or development restrictions on the property?

The property offers future development potential (STCA) on the substantial 1,189sqm allotment, subject to council approval and zoning regulations.

What are the ongoing costs associated with the property?

Ongoing costs include council rates, maintenance, and property management fees, which should be confirmed with the current owner or managing agent.

Is the property compliant with current building and safety standards?

Yes, the units are well-maintained and comply with relevant safety standards, including secure fencing and functional amenities.

What is the condition of the units and any recent renovations?

The units are well-maintained with modern kitchens, bathrooms, and heating/cooling systems, ensuring low ongoing maintenance and appeal to tenants.

What to ask about this property to agent?

Are there any easements, covenants, or zoning restrictions affecting the property's future development potential? Have any recent inspections or building reports identified structural issues or repairs needed? Are there any upcoming council or community developments in the area that could impact the property’s value or tenancy? What are the strata or body corporate arrangements, if applicable, and associated costs? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any planned or ongoing construction projects nearby that could cause noise or disruption? What are the total ongoing costs, including rates, insurance, and maintenance, to assess the true investment return? Are there any restrictions on future modifications or extensions to the units?

91 Eastbourne Road, Rosebud, Vic 3939 - More Details

$1,090,000 - $1,199,000

Investors, take note of this rare opportunity to secure a high-performing investment with immediate income and outstanding future potential. Situated on a generous 1,189sqm (approx.) allotment, this unique property comprises three individually tenanted units on one title, delivering a combined rental return of $1,330 per week, or approximately $69,350 per annum.

Providing instant cash flow from day one, the property also boasts an excellent tenancy history. One tenant has called the property home for over 10 years, another has been in place for approximately 4 years, while the third unit has been recently leased to tenants who would love to stay long term-offering investors confidence and stability.

Each well-maintained unit offers:

• Two generous bedrooms
• Central bathroom with spa bath
• Spacious open plan living and dining
• Well-appointed kitchen with ample bench and cupboard space
• Heating and cooling
• Private courtyard
• Single carport

Privately positioned and securely tucked away, the property also features a generous rear yard with plenty of room to enjoy, adding further functionality and appeal.

With a substantial landholding and all three units held on a single title, there is exciting future potential (STCA), making this an exceptional opportunity for investors looking to expand their portfolio with a property that offers both strong returns and long-term growth prospects.

Property Features

• Three units on one title
• 1,189sqm (approx.) allotment
• Combined rental return of $1,330 per week
• Approximately $69,350 per annum in rental income
• Excellent rental history with long-term tenants
• Two-bedroom units
• Central bathrooms with spa baths
• Open plan living and dining
• Spacious kitchens
• Heating and cooling
• Private courtyards
• Single carports
• Additional shedding and storage
• Secure, private setting
• Outstanding investment opportunity with future potential (STCA)

Inspect during one of our advertised open homes, arranged in conjunction with our fantastic tenants!

Type: House
Bedrooms: 6
Bathrooms: 3
Parkings: 6
Area: 1,169 m²

Price guide

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91 Eastbourne Road, Rosebud, Vic 3939

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