25 Carnarvon Drive, Grovedale, Vic 3216

An outstanding investment opportunity in a prime Grovedale pocket – this fully licensed and tenanted rooming house is returning approximately $72,000 per annum and is ready to deliver from day one.

Set on a 650sqm (approx.) allotment and currently managed by Verdi Property Management, this solid brick, 7-bedroom registered Rooming House has been purposefully configured for student accommodation. All bedrooms include built-in storage and are thoughtfully spaced to enhance privacy among tenants, while a recent upgrade has introduced a modern bathroom with disability access.

The generous open-plan communal living zone flows seamlessly to a large, covered pergola – perfect for year-round enjoyment. Positioned just moments from Grovedale Central Shopping Centre and within walking distance of Waurn Ponds Shopping Centre, Deakin University, Epworth Hospital, local schools and public transport, this blue-chip location also offers easy access to Geelong CBD and the Surf Coast.

With strong rental returns, an ideal location, and solid infrastructure in place, this is a rare chance for savvy investors to secure a high-performing asset with excellent long-term prospects. 

Total rent per year is $74,620.
Room 1 - $190pw
Room 2 - $270pw
Room 3 - $190pw
Room 4 - $190pw
Room 5 - $170pw
Room 6 - $230pw
Room 7 - $195pw


*All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.