Overview
Super High-Yield Rooming House in Preston
High-Yield Investment in Preston｜191 Bell Street 14 Bedrooms | 14 Bathrooms | 2 Kitchens | 4 Car Spaces Internal Area: 411.16 sqm | Land Size: 501.59 sqm Property Highlights: High rental return: approximately 8.8% – 10.27%, significantly higher than the average residential return of 3.0% Net annual rental income: over $210,000 Each room features a private ensuite and natural light No Owners Corporation fees; land size over 500 sqm Location Highlights: Vacancy rate: 0.99%, well below the Greater Melbourne average of 2.5% (as of March 2025) Annual rental growth: approximately 3% – 7% House compound annual growth rate: approximately 4.03% Nearby Amenities & Transport: Preston Market: 1.5 km, approx. 15 min walk Northland Shopping Centre: 2.5 km, approx. 5 min drive Bell Train Station: 1 km, approx. 10 min walk Bell Street Tram Stop: 500 m, approx. 5 min walk G H Mott Reserve: 250 m, approx. 3 min walk
Gallery
Location
746 Burke Road , Camberwell , VIC 3141 . Australia
Address
191 Bell Street, Preston VIC 3072
Preston,
Melbourne,
Australia
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