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Sold! $810,000

High-Yield Investment Opportunity in Grovedale

17 Manet Avenue, Grovedale

  • 17 Manet Avenue, Grovedale
  • 17 Manet Avenue, Grovedale
  • 17 Manet Avenue, Grovedale
  • 17 Manet Avenue, Grovedale
  • 17 Manet Avenue, Grovedale
  • 17 Manet Avenue, Grovedale
  • 17 Manet Avenue, Grovedale
  • 17 Manet Avenue, Grovedale
  • 17 Manet Avenue, Grovedale
  • 17 Manet Avenue, Grovedale
  • 17 Manet Avenue, Grovedale
  • 17 Manet Avenue, Grovedale
  • 17 Manet Avenue, Grovedale
  • 17 Manet Avenue, Grovedale
  • 17 Manet Avenue, Grovedale

Positioned on an elevated block in a growth corridor, 17 Manet Avenue offers a rare chance to secure a dual-level, steel-framed residence purpose-built for strong rental returns and long-term capital growth.
Currently leased at $750 per week until January 2026 (rental appraisal $800/pw), this property is a proven performer with potential for multi-tenant occupancy or student accommodation (STCA) thanks to its flexible layout and proximity to key education and transport hubs.

Key Investment Features:
• Six bedrooms + study, three bathrooms across two levels-ideal for multi-tenant setups.
• West-facing rear deck with elevated views, adding appeal for tenants.
• Open-plan kitchen with walk-in pantry, stone benchtops, and stainless steel appliances.
• Ducted heating, evaporative cooling, solar-boosted hot water, and elevated ceilings for energy efficiency and tenant comfort.
• Double garage + off-street parking, internal access via laundry.

Upstairs Configuration:
• Four bedrooms with walk-in robes.
• Master with oversized WIR and ensuite.
• Two additional bathrooms with separate W/Cs.

Downstairs Configuration:
• Three bedrooms, central bathroom, powder room.
• Open living/dining zone with direct deck access.

Strategic Location:
• Walking distance to Waurn Ponds Station.
• Minutes to Ring Road,Waurn Ponds Shopping Centre, and Deakin University.
• Close to Grovedale College ,Christian College, and Grovedale West Primary School.
• Gateway to the Surf Coast, enhancing rental appeal.

Whether you're expanding your portfolio or seeking a low-maintenance, high-return asset, this property delivers on all fronts - backed by a builder's warrantyfor added peace of mind.

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