Dual Occupancy SMSF
For Sale Total Weekly
$1,050
across 2 streams
Total Annual
$54,600
projected gross income
Income Streams
2
House · Unit
The location
Where it sits.
About this investment
A closer look.
Dual occupancy in Drouin generating $1,050 per week across two independent income streams. Positioned in a fast-growing regional town (6.67% annual capital growth) with strong rental yields and a demographic skew towards young families. Infrastructure investment, including the planned West Gippsland Hospital, underpins sustained demand.
Key highlights
- ✓$54,600 annual income from house and unit tenancies
- ✓Two separate income streams insulate against single-tenant vacancy
- ✓4.16% house yield and 5.17% unit yield outpace regional Victorian average
- ✓V/Line rail to Melbourne in 90 minutes, 42-day average market time
Why this investment works
Dual income reduces tenant concentration risk
Two independent long-term leases ($630 and $420 per week) mean you're not exposed to a single vacancy. If one tenant churns, the other covers fixed costs while you remarket.
Drouin's demographics favour landlords fundamentally
73% family households, median age 38, high owner-occupier intent (75.8%) indicates stable, quality tenants. Young families priced out of Melbourne seek Drouin's affordability while maintaining commute access.
Hospital construction catalyses long-term capital growth
West Gippsland Hospital at Drouin East (planning phase, construction 2024-2028, patient move 2029) will anchor employment and population. Comparable regional markets show 8-12% growth around major health infrastructure.
Yields exceed most Victorian regional markets materially
Unit yield of 5.17% sits above the regional median and provides genuine cashflow. With median unit price around $460,000, this property offers income that services debt without forced negative gearing.
Property features 95 inclusions
- Foundation up to 'Class H' concrete slab with a maximum of 500mm fall over building envelope
- Supply and hire of temporary fencing to site to council requirements
- Supply and hire of environmental silt fence to front of property as required by council
- Allowance of rock excavation and removal
- All plumbing to meet statutory regulations and standards
- Each dwelling to contain a separate Garden tap
- Separate single phase underground power to each dwelling
- Separate water connection
- Gas connection if required (up to 20m per dwelling)
- Sewer and stormwater connection
- Recycled water connection if required
- Part A & B Termite protection
- Standard 22 degree roof pitch or as nominated on plans
- Metal corrugated roof as standard
- Metal Fascia and gutter
- Metal downpipes as standard
- LED downlights throughout
- 1 x LED flood light to each dwelling with separate flood lights to driveway
- Wall mounted light switches
- Double power points throughout
- Smoke detectors to regulation hardwired with battery backup
- RCD safety switch and circuit breakers to meter box
- TV points to Living rooms and master bedroom
- Data point to Living rooms and master bedroom
- 7 Star Energy rating compliance
- Insulation batts to walls and ceilings to meet energy requirements
- Upgraded window glazing if required to meet energy requirements
- Upgraded hot water system to meet energy requirements
- Wall and truss framing to meet statutory regulations and standards
- Hebel party walls between each dwelling
- Clay brick from standard Category 1 range with rolled grey mortar joints
- Render to front façade feature area
- Brickwork over windows and doors throughout
- Powder coated aluminium awning windows throughout
- Flyscreens to windows only
- Feature front entrance door with lock
- Garage hinged door with entrance set and deadbolt
- Door seals and weather seals to entrance and internal garage door
- 2590mm high ceilings throughout
- 10mm plasterboard throughout
- 75mm cove cornice throughout
- Water Resistant plaster to bathrooms
- 2040mm high flush panel doors with chrome lever handles and door fittings
- 90 x 12mm MDF skirtings throughout
- 67 x 12mm MDF architraves throughout
- 2 Coat Haymes semi gloss paint to internal jambs, arc/skirts and doors
- Haymes low sheen acrylic paint to internal walls
- Semi Gloss paint to front entry doors
- Waterproofing to Australian Standards
- Wall tiles to Kitchen, Bathrooms and Laundry from standard Category 1 range
- Laminate finish to cabinets and cabinet doors
- Pantry
- Laminate end panel to fridge space
- Overhead cabinets
- Melamine shelving to cabinets
- 20mm low silica stone benchtops with 20mm edging
- Tiled kitchen splashback
- Pull-out bin space
- Artusi or similar 600mm multi function oven
- Artusi or similar 600mm stainless steel cook top including wok hob
- Artusi or similar 600mm stainless steel rangehood
- Undermount sink with Gooseneck sink mixer
- Artusi or similar stainless-steel dishwasher
- 20mm reconstituted stone benchtops
- Vitreous china inset vanity basin with category 1 popup basin waste
- Category 1 wall mixer tap
- Tiled shower bases throughout
- Feature tiles
- Category 1 towel rails and toilet roll holders
- Pivot semi-framed shower screens
- Category 1 shower mixer tap / dumper
- Vitreous china, close coupled toilet
- Free standing bath
- Robes - white melamine shelf with hanging rail and drawer unit
- Linen / Storage – 4 x melamine shelves
- Master WIR - white melamine shelf with hanging rail
- Timber look flooring from Category 1 range to common area and Living areas
- Carpet from Category 1 range to bedrooms
- Tiles to floors of Bathrooms, W.C and Laundry from standard Category 1 range
- Tiled skirtings to match
- 2x Panel lift garage doors with separate remote controls including 2 x transmitters
- Plaster ceiling and concrete floor
- Laminate finish to cabinet and cabinet doors
- Stone benchtop with stainless steel single bowl trough
- Category 1 mixer tap
- Category 1 water stops for washing machine
- Split system heating and cooling to main house
- Split system heating and cooling to unit
- Instant Turf, back & front yard landscaping, mulch & mature trees
- Letterbox (anti-theft parcel letterboxes for each dwelling)
- Rear and side boundary fences as per Landscape Plan
- Coloured concrete driveway and paths as per Landscape Plan
- Partition fencing to enclose each dwelling
- Holland Blinds - Comes with metal chain and Vibe Block out white
- TV Antennae - Connection to roof including connection to internal TV points
The layout
Floor plan.
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