17 Stanhope Street, Dandenong

Compliant 8-Room Investment with Immediate Income!

An exceptional opportunity to secure a fully licensed and compliant rooming house in one of Melbourne's strongest rental demand corridors. This established investment is income producing from day one, offering stability, scale and long term upside.

The property comprises eight lettable bedrooms, including one with a private ensuite, supported by two additional full bathrooms, a communal living and dining area, and a modern shared kitchen. Designed for efficient management and low ongoing maintenance, the layout is ideal for consistent multi-tenant occupancy.

Additional features include compact laundry facilities, a carport and a large rear shed providing excellent storage or potential future use. All compliance requirements are already in place, allowing investors to step straight into an operational asset with confidence.

Strategically located close to Dandenong station, major transport links, shops, schools and amenities, the property sits within a proven high demand area for rooming accommodation, underpinned by strong rental returns and future growth.

With high yield potential across eight rooms and future subdivision or development potential (STCA), this is a rare opportunity to secure a compliant, cash flow focused investment in a tightly held location.

Property Features:
🛏️ 8 bedrooms, including 1 with private ensuite
🛁 2 additional full bathrooms
🍳 Communal living/dining with modern kitchen
🧺 Compact laundry facilities
🚗 Carport plus a huge shed for storage or future use
✅ Low-maintenance layout designed for multiple tenants

Location Benefits:
📍 Very close to Dandenong Station and major transport links
🛍️ Shops, parks, and schools all within easy reach
📊 Situated in a strong growth corridor with consistent tenant demand

Key Investment Highlights:
🔑 Ongoing licensed rooming house with all compliance complete
🔧 High rental yield potential across 8 lettable rooms
📍 Attractive future subdivision/development potential (STCA)

INSPECTION BY APPOINTMENT ONLY.

Exclusively Listed by Grand Real Estate please call Dr Bhimsen on 0407 799 048 for home inspection arrangement.

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