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92 Flanagan Avenue
Officer, VIC 3809

$690,000 To $750,000

Search Band

$600k - $700k High Confidence

House 4 beds 2 baths 2 cars 209 m²

Listed: 15 days ago

Updated: 14 days ago

Overview

This contemporary and stylish home situated in one of the most convenient and rapidly developing pockets of Officer offers an exceptional investment opportunity for buyers seeking an income producing asset with long-term security.

Currently leased at a strong rental income of $2,673 per calendar month, the lease extends until May 2027, providing a fixed and reliable return that is ideal for investors aiming for a set-and-forget addition to their portfolio.

The property features four generously sized bedrooms, each designed with timber-look floating floors that enhance the interiors with warmth and modern elegance while offering durability. The master suite is designed for privacy and relaxation, complete with a walk-in robe and a private ensuite bathroom. The other three bedrooms share a well-appointed central bathroom. Additionally, there is a study nook that provides an adaptable space for tenants working from home or students needing a dedicated study area.

The heart of the residence is the expansive open-plan living area. This space includes a lounge that flows effortlessly into the family, dining, and kitchen zones. The kitchen itself is well-equipped with stainless steel appliances, including a dishwasher, generous storage, and practical bench space, which supports the ongoing desirability and functionality of the property for tenants.

Comfort is guaranteed year-round through ducted heating and evaporative cooling systems, promoting tenant satisfaction and retention. Sliding doors lead out to a decked outdoor area overlooking a low-maintenance backyard, offering a pleasant and easy-to-care-for outdoor living environment. The property is completed with a double remote garage that has internal access, providing security and convenience for vehicle parking and storage.

The location notably boosts the property's investment appeal. Close proximity to several well-regarded schools — Officer Primary School, Bridgewood Primary School, Officer Secondary College, and Maranatha Christian School — makes it attractive to families. Convenience is further enhanced by nearby shopping and leisure facilities including Arena Shopping Centre and One Centre Square, combined with excellent transport connections to Melbourne’s Central Business District via Officer railway station. Recreational offerings such as the nearby Dragon Park Playground add to the desirability for tenants.

Set within a high-growth corridor known for strong rental demand, this property represents a unique chance to secure a modern, low-maintenance home with a dependable income stream already established. It is a smart choice for investors seeking immediate returns along with promising long-term capital growth potential.

For interested parties, offers can be made conveniently online through a dedicated platform provided with the listing.

Local Market Insights

In Officer, Quiet Listings observed 87 new houses entering the market over the last 30 days, up from 24 during the previous 30-day period, with an average advertised asking price of $850,874. The property type mix of listed properties is predominantly Houses at 81%, followed by land (9%), and home for sales (7%). Ray White was the most active agency in this area, representing 27.1% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.