5 FRASER STREET Melton South VIC 3338

Brand-new, fully compliant & registered 9-suite NewGen Rooming House — a high-income, low-maintenance investment designed for modern shared living. Built to exceptional standards, this contemporary property offers a balance of privacy, comfort, and community living in a fast-growing pocket of Melton South.

Key Highlights
9 rooms, each with private ensuite and split-system heating/cooling & private courtyard

Common kitchen & laundry facilities designed for functionality and durability

High-spec inclusions throughout — porcelain tiles floor-to-ceiling in wet areas, engineered hybrid flooring to open zones, 900 mm oak vanities, semi-frameless shower screens, and stone benchtops

Quality fixtures & fittings: Mica mixers, robe hooks, towel rails, niche shelving, LED lighting, and mirror splashbacks

Premium security and technology: Lockwood digital door locks, TV points to every bedroom, external lighting to all entries, and provision for data and telephone points

Energy-efficient construction with R6.0 ceiling and R2.5 wall insulation, Colorbond roofing, and solar hot water system

Low ongoing costs with a 6.5-year structural warranty and 3-month maintenance period post-handover

Plain concrete driveway, fencing, and landscaping included — turnkey and ready to lease

Location
Perfectly positioned close to Melton South Station, shops, and local amenities, ensuring strong tenant demand and consistent rental income. The area continues to benefit from infrastructure upgrades and population growth, underpinning long-term capital appreciation.

Investment Snapshot
Fully leased potential circa: $3,000 + per week
Estimated gross yield circa: 9.5 % + p.a.

Professionally managed by NewGen Rooming House specialists

This is one of Melton South’s best-presented and will be one of the highest-returning NewGen Rooming Houses in the area — a rare, ready-made income generator in a proven location.

For further information or an Information Memorandum, contact Scott Banks Real Estate Group today.

Disclaimer:
All financial figures, returns, and yield estimates are provided as a guide only and are subject to market fluctuations, management costs, and occupancy levels. Prospective purchasers should conduct their own due diligence and obtain independent financial adShow Addresse before making any investment decision.