SPP Pack Builder

Why We Like It

• Excellent land component — the substantial 681m² allotment provides strong underlying land value, usable outdoor space and greater long-term flexibility than many newer properties in Melbourne’s south-east. <br> <br>• Rental return near the client’s target — at $500–$530 per week on a $670,000 purchase, the gross yield is approximately 3.9%–4.1%, helping limit negative cash flow while retaining metropolitan growth exposure. <br> <br>• Broad tenant appeal — the 3-bedroom layout, open-plan living, large backyard, garage and carport should suit families, couples and tenants needing extra space. <br> <br>• Good condition with limited immediate work required — the renovated kitchen and laundry, functional bathroom and reverse-cycle heating and cooling support tenant comfort and reduce near-term expenditure. <br> <br>• Strong location and resale fundamentals — Cranbourne offers access to schools, shops, transport, healthcare and employment, while the freestanding home, large block and family-friendly layout should appeal to both tenants and future buyers. <br> <br>• Additional long-term upside — the block may offer subdivision or development potential, subject to council approval.