Address available on request, Cranbourne South, Vic 3977

APPROXIMATELY 5 ACRES | TWO EXISTING DWELLINGS | $7,000 MONTHLY RENTAL INCOME | POTENTIAL THIRD DWELLING (STCA)

An exceptional opportunity to secure a substantial income-producing acreage investment in the highly sought-after semi-rural surroundings of Cranbourne South.

Set across approximately 20,233m², this impressive property offers two existing dwellings, generous open space and an established rental income stream of $7,000 per month - equivalent to $84,000 per annum in gross rental income.

What makes this opportunity particularly attractive is the potential to explore the addition of a third dwelling, subject to council and relevant authority approvals, creating the possibility of increasing total rental income to more than $10,000 per month, or $120,000+ per annum.

Whether you're an experienced property investor, seeking to expand your portfolio or looking for a substantial landholding with multiple income opportunities, this property presents an exciting combination of immediate rental returns and future potential.

TWO EXISTING DWELLINGS – ESTABLISHED RENTAL INCOME

Unlike vacant acreage properties that require significant time and investment before generating returns, this property already benefits from two existing dwellings and an established rental arrangement.

Currently generating $7,000 per month in rental income, the property offers investors the opportunity to acquire an income-producing asset from the outset.

The existing improvements provide flexibility for accommodation and long-term investment planning, while the substantial landholding offers an attractive semi-rural setting.

For investors seeking passive rental income, this property presents an opportunity to benefit from an established tenancy while retaining ownership of approximately five acres of land.

POTENTIAL THIRD DWELLING – INCREASE RENTAL INCOME TO $10,000+ PER MONTH!

One of the most exciting aspects of this investment is the opportunity to investigate the construction of an additional dwelling on the property.

With approximately five acres of land, buyers may wish to explore the feasibility of establishing a third residence, subject to zoning, planning controls, building requirements and all necessary approvals.

If achievable, an additional dwelling could create another rental income stream and potentially increase the property's combined rental income to over $10,000 per month.

The additional dwelling and projected rental income are indicative possibilities only, not approved development or guaranteed returns. Buyers should undertake independent planning, building, cost and rental feasibility assessments.

Positioned on approximately 2.02 hectares, this substantial landholding offers the freedom and versatility that make acreage properties so desirable.

The expansive surroundings provide privacy, open space and opportunities for a range of lifestyle and investment objectives.

Whether you're seeking to retain the property as a long-term rental investment, explore improvements to the existing dwellings or investigate additional accommodation opportunities, the property offers considerable flexibility, subject to relevant approvals.

PEACEFUL ACREAGE LIVING WITH EVERYDAY CONVENIENCE

Located in the established semi-rural surroundings of Cranbourne South, this property combines the tranquillity of country-style living with convenient access to Melbourne's growing south-eastern suburbs.

Residents can enjoy expansive open space and a peaceful environment while remaining within reach of Cranbourne's shopping precincts, schools, recreational facilities and essential services.

Convenient access to surrounding arterial roads provides connections to neighbouring suburbs and employment precincts.

This balance of lifestyle appeal and accessibility makes the location attractive for both owner-occupiers and prospective tenants.

SECURE AN INCOME-PRODUCING ACREAGE INVESTMENT WITH FUTURE POTENTIAL!

Opportunities combining two existing dwellings, approximately five acres of land and $84,000 in established annual gross rental income deserve serious consideration.

With the additional possibility of investigating a third dwelling and increasing combined rental income beyond $120,000 per annum, this property presents a compelling opportunity for investors focused on cash flow and long-term property ownership.

Contact Family Realtors Group today for further information or to arrange a private inspection.

The team at Family Realtors Group looks forward to welcoming you at the next open for inspection.

Important Information:

Photo identification is required at all open-for-inspection appointments.

Due Diligence Checklist:

Prospective purchasers are encouraged to review the Consumer Affairs Victoria Due Diligence Checklist before purchasing a residential property.

Disclaimer:

The information contained herein has been supplied to us and is intended to be used as a guide only. No information contained in this advertisement should be relied upon for financial or legal purposes. Although every care has been taken in preparing the above information, the particulars are provided for information only and do not constitute a representation by the owner or agent. Prospective purchasers should undertake their own enquiries and due diligence.

Type

Residential Land

Area

2.02 ha