12-22 Gavin Street, Norlane, Vic 3214

A rare chance to secure a high-yield investment in the increasingly sought-after suburb of Norlane. Positioned on a generous 1,077m² allotment (on one title), this fully renovated property comprises six self-contained 1-bedroom, 1-bathroom residences — all currently leased, generating a combined rental income of approximately $99,060 per annum.

Offering a strong return, this property is ideal for investors seeking solid rental yields, low outgoings, and the potential to enhance a self-managed super fund portfolio.

Beyond its current performance, the property presents exciting value-add opportunities. Subject to council approval (STCA), there is potential to strata-title the units or further improve and increase rental income.

Set in a prime location close to public transport, major shopping centres, and local schools, this is a strategic investment in a rapidly growing area. Whether you're looking for immediate returns or long-term capital growth, this property offers outstanding potential limited only by your imagination.

*Disclaimer: Every precaution has been taken to establish accuracy of the information in this floor plan/brochure, but it does not constitute and representation by the vendor or agent. Nguyen Real Estate does not guarantee, warrant or represent that the information contained in this advertising and marketing document is correct, any interested parties should make their own enquiries as to the accuracy of the information. We exclude all inferred or implied terms, conditions and warranties arising out of this document and any liability for loss or damage arising there from.