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5 Little Street

Deer Park, VIC 3023, Australia

3 bed 1 bath 2 car604m²

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AI Valuation Estimate

$601,600 – $678,400

Based on recent comparable sales in Deer Park

+6.2% suburb growth over 12 months

🏫

8.4/10

Schools

🚇

87/100

Walk Score

📈

+6.2%

Growth

🛡️

9.1/10

Safety

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Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Schools

Zoning

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Traffic

Flood risk

Bushfire risk

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Nearby development

Heritage

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About this property

• Currently tenanted - LONG TERM LEASE! • Monthly rent is $2,172.62 • End of lease is 06/05/2032 • Ideal for savvy investors Positioned in a highly convenient and well-connected pocket of Deer Park, this is an investment that delivers immediate income security with long-term potential. Set on a generous 605m² (approx.) allotment, the property offers not only strong land value but also flexibility for the future (STCA). Whether you're land-banking or planning ahead, the size and positioning of this block make it a standout opportunity. What truly sets this property apart is the established tenancy. Currently occupied by long-term tenants who have expressed a genuine desire to remain, this is a ready-made investment offering stability from day one. With occupants committed to staying on, investors can secure a property with continuity already in place - a highly sought-after advantage in today's market. Inside, the home offers a practical and comfortable layout, featuring three bedrooms serviced by a central bathroom and the added convenience of a second toilet. The open-plan kitchen and dining area forms the heart of the home, flowing through to a light-filled living space designed for everyday ease. Outdoors, a long driveway leads to a secure garage, with additional workspace at the rear providing flexibility for storage or trade use. Location further enhances the appeal. Within close proximity to Deer Park West Primary School and Victoria University Secondary College, and just moments from Brimbank Shopping Centre, all essentials are within easy reach. Public transport is readily accessible with Deer Park Railway Station nearby, along with local bus routes connecting you to surrounding suburbs. Nearby parklands including Kororoit Creek Trail add further lifestyle appeal. For investors seeking a property with strong tenant retention, generous land, and future potential, this is a compelling addition to any portfolio. Opportunities offering this level of tenant security are tightly held - enquire today to arrange your inspection. Photo ID Required for All Property Inspections Please refer to the link below for the most recent Due Diligence Checklist: https://bit.ly/RWDue_Diligence Please refer to the link below for Ray White's Collection Notice: https://bit.ly/RW_PrivacyNotice DISCLAIMER: All dimensions are approximate. The details provided are for general information purposes only and do not constitute any representation by the vendor or real estate agent. This document has been prepared solely for marketing purposes. While every effort has been made to ensure the accuracy of the information, we do not accept responsibility for any errors. Prospective buyers should conduct their own inquiries to verify the information provided.