Research-led property investment advisory · Victoria

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Armstrong Creek VIC · Dual Occupancy

Lot 138 Forrest Green · Forrest Green Estate

Two residences. One title. Two potential rental income streams.

$936,792

Fixed price full turnkey

Indicative Combined Rent

$950–$1,020 pwIndicative estimate*

  • 6 Bedrooms
  • 3 Bathrooms
  • 2 Car
  • 483 m² Land
  • 248.99 m² Build
  • Titled
Architectural façade at Lot 138 Forrest Green, Armstrong Creek

Investment snapshot

The numbers behind this opportunity.

Purchase

$936,792
Total package
$455,000
Land
$481,792
Build

Property

483 m²
Land
248.99 m²
Total building
Titled
Titles

Configuration

6 Bedrooms
Private bedrooms
3 Bathrooms
Bathrooms
2 Kitchen · 2 Living
Shared areas

Indicative rent

$950–$1,020 pw
Indicative Combined Rent

* Indicative combined rental estimate only, based on current market evidence and the proposed dwelling configuration. Actual rental outcomes may vary. Independent rental appraisal recommended prior to purchase.

Configuration

Two residences. One property.

Main residence

  • 4 Bedrooms
  • 2 Bathrooms
  • 2 Car garage

Main dwelling: 4 bedrooms (master with WIR and ensuite), main bathroom, kitchen, family, dining, laundry, double garage

Secondary residence

  • 2 Bedrooms
  • 1 Bathroom
  • Separate entry

Studio: 2 bedrooms, own kitchen, own living and dining, own bathroom and laundry

Floorplan is illustrative. Final designs may change to satisfy developer, planning and building compliance requirements.

Why this opportunity

What the source material supports.

Two potential rental streams

A main residence and separate secondary residence provide the potential for two rental income streams within one property.

483 m² land holding

A substantial residential allotment supporting the dual-occupancy configuration.

Fixed-price turnkey package

Supplied turnkey inclusions cover guaranteed fixed site costs, floor coverings throughout main dwelling and studio, coloured-through concrete driveway and path, 900 mm stainless-steel upright cooker and rangehood and more, as set out in the package documentation.

Indicative combined rent

Landmark's indicative combined rental estimate for this configuration is $950–$1,020 pw, based on current market evidence. An independent rental appraisal is recommended prior to purchase.

Location intelligence

Where this opportunity sits within our research.

Explore Armstrong Creek Research →

Property gallery

Supplied imagery for this opportunity.

Façade at Lot 138 Forrest Green, Armstrong Creek
Façade — artist impression supplied with the package.
Floorplan for Lot 138 Forrest Green, Armstrong Creek
Floorplan — illustrative only.

Due diligence

Property documents.

Source documents are supplied unmodified and are provided for reference only.

Builder

Simvest by Simonds

The dwelling design, construction package, inclusions and floorplan are supplied by the builder. The estate and location material is supplied by the developer. The investment presentation and research are prepared by Landmark Property Australia.

Availability, pricing, land, specifications, inclusions and title dates are subject to change and must be reconfirmed before any decision is made. Rental income, occupancy, expenses and investment returns are not guaranteed. This information is general in nature and does not consider your objectives, financial situation or needs.

Assess this opportunity against your position.

A 30-minute phone assessment covers the research behind the location, the package structure and whether this opportunity warrants your consideration.