72 Lemont Ave, Mount Waverley VIC 3149, Australia
Designed to maximize rental yield with its boarding/rooming house setup, this incredible 8-bedroom residence makes for an unbeatable investment option for those focused on profitable rewards, while its 665sqm approx. allotment may encourage redevelopment (STCA).
Conveying a traditional elegance from the street, the home’s smart 8-bedroom design includes three bedrooms with their own private ensuite bathrooms, while the 4-bathroom with toilet is further complemented by a powder room and laundry. Affording space for the home’s occupants to relax and prepare meals, you’ll find two distinct kitchens along with a living room and separate dining room, with ample space outside for BBQs or simply enjoying the sunshine.
Expected rental returns are around $700 per month for each bedroom, with a double carport out front offering space to park cars while you wander to Pinewood Shopping Centre for groceries or a bite to eat. Of extra appeal, the home sits in the prized school zones of Pinewood Primary and Brentwood Secondary, moments from Monash Uni, transport, parkland and the Monash Freeway.