Research-led property investment advisory · Victoria
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Warragul VIC · Dual Occupancy
Lot 232 Serenity Rise Estate · Serenity Rise Estate
4-bed main home+2-bed self-contained secondary residence
Two residences. One title. Two potential rental income streams.
$832,040
Fixed price full turnkey
Indicative Combined Rent
$950–$1,020 pwIndicative estimate*
- 6 Bedrooms
- 3 Bathrooms
- 2 Car
- 512 m² Land
- 26.80 SQ / 248.99 m² Home
Investment snapshot
The numbers behind this opportunity.
Purchase
- $832,040
- Total package
- $351,000
- Land
- $481,040
- Build
Property
- 512 m²
- Land
- 248.99 m²
- Total building (26.80 SQ)
Configuration
- 4 Bed · 2 Bath
- Main residence
- 2 Bed · 1 Bath
- Secondary residence
- Separate entry
- Secondary residence
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
4 bedrooms, 2 bathrooms, kitchen, family and dining, laundry, double garage
Secondary residence
- 2 Bedrooms
- 1 Bathroom
- Separate entry
2 bedrooms, 1 bathroom, own kitchen and own living/dining with separate entrance
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.
512 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.
- Estate documentation places Serenity Rise in the heart of Warragul, within minutes of shops, schools, parks, dining and transport.
- A future local town centre with a Coles is shown under construction adjacent to the estate catchment.
- Established schooling options are mapped nearby, including St Paul's Anglican Grammar, Chairo Christian School and Warragul North Primary.
- Princes Freeway access supports commuting toward Melbourne and the wider Gippsland corridor.
Serenity Rise, Warragul
- Positioned in Warragul, minutes from shops, schools, parks, dining and transport according to the estate brochure
- A future local town centre, including Coles, is under construction near the estate
- Local schooling includes St Paul's Anglican Grammar School, Chairo Christian School and Warragul North Primary School
- Parks, playgrounds and the Carisbrooke wetlands within the surrounding neighbourhood
- Regional connectivity via the Princes Freeway
Property gallery
Supplied imagery for this opportunity.
Due diligence
Property documents.
- Property PackageLot 232 Serenity Rise Estate · Serenity Rise Estate→
- Serenity Rise Estate BrochureLot 232 Serenity Rise Estate · Serenity Rise Estate→
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.