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Overview
22 Ellis Street, Flora Hill VIC 3550
This property represents a prime investment opportunity, ideally located in Flora Hill. The brick home has been meticulously rejuvenated and is currently leased as a share house, accommodating three individual tenants and generating a monthly income of approximately $2,150. This property is also suitable for first-home buyers or could be utilized as professional rooms (subject to council approval).
Situated on a corner lot, the home is conveniently located within walking distance to La Trobe University, primary and secondary schools, as well as local shops including Strath and Kennington Village. Additional amenities such as childcare facilities, gyms, medical practices, and Brennan Park Pool are also nearby. Public transport options are readily available, and the CBD is just a five-minute drive away.
The interior of the home features a spacious lounge area that opens onto a covered alfresco deck, perfect for entertaining. Adjacent to the lounge is a sizeable dining area that connects to a well-equipped kitchen. The kitchen boasts modern conveniences including gas and electric cooking, a two-drawer dishwasher, Caesarstone-topped cabinetry, a breakfast bar, and a cleverly concealed European laundry.
There are three bedrooms in total, each equipped with built-in robes, sharing a central bathroom that includes a spa bath, shower recess, twin vanity basins, and a WC. The property also includes notable extras such as ducted heating and cooling, tiled floors in high-traffic areas, and plantation shutters on the windows for added privacy and style.
Externally, the property is designed for low maintenance, featuring a lock-up carport, a bitumen driveway, and additional off-street parking. The strategic location of this property is a significant advantage, making it a must-see for potential buyers. Don’t miss out on this exceptional opportunity!
Change History
| Headline | When |
|---|---|
| $570,000-$620,000 | |
| $590,000-$635,000 | |
| $610,000-$660,000 |
Location
Flora Hill VIC 3550
Market Insights for Flora Hill VIC 3550
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