Investment opportunity not to be missed

Introducing a lucrative investment opportunity that is set to catch the eye of savvy investors and developers seeking a foothold in the thriving heart of Wagga Wagga. This impressive block of units (on two titles) presents an exceptional chance to acquire a substantial portfolio asset with a substantial and stable income stream.

31 Lampe Avenue offers units 1-4, with 33 Lampe Avenue comprising of units 5-7. Each residence offers a well-thought-out layout featuring a separate bathroom and dedicated laundry space. The bedrooms are well-appointed with built-in robes, ensuring ample storage and convenience for occupants. Residents can enjoy the private outdoor courtyard, a welcome addition to each unit, providing a tranquil space to relax.

Inside, the combined lounge and dining areas are spacious and welcoming, flowing seamlessly into the kitchen equipped with electric stoves. Comfort is a priority throughout the year, with reverse cycle heating and cooling ensuring a pleasant environment regardless of the season.

With a current annual rental income of $106,340 and potential for growth, this is a remarkable prospect for those looking to expand their portfolio with a solid income-producing asset. Each unit has its own parking space, adding further appeal to tenants and ensuring convenience.

Ideal for investors who recognise the potential of refurbishments or developers looking to capitalise on a prime location, this block of units is an opportunity not to be missed. Secure your future in real estate with this promising investment in one of Wagga Wagga's most desirable locales.

* 31-33 Lampe Avenue can be purchased as a whole or separately.
* Full Information Memorandum available upon request.
* Expressions of Interest

Rates: $13,573.09 p.a.
Land: 1,676.6 sqm

Explore the area

School catchments

Wagga Wagga Public School Primary K-6 Government 0.51km
St Joseph's Primary School Primary K-6 Catholic 1.0km
South Wagga Public School Primary K-6 Government 1.7km
North Wagga Public School Primary K-6 Government 1.8km
Kildare Catholic College Secondary 7-12 Catholic 2.0km
Wagga Wagga High School Secondary 7-12 Government 2.2km
Turvey Park Public School Primary K-6 Government 2.8km
Saint Mary MacKillop Colleges Limited Combined K-12 Independent 3.0km
Henschke Primary School Primary K-6 Catholic 3.2km
Holy Trinity West Wagga Primary K-6 Catholic 3.4km
Ashmont Public School Primary K-6 Government 3.5km
Mount Austin Public School Primary K-6 Government 3.6km
Sturt Public School Primary K-6 Government 3.8km
Sacred Heart Primary School Primary K-6 Catholic 4.0km
The Riverina Anglican College Combined K-12 Independent 4.1km
Estella Public School Primary K-6 Government 4.2km
Mount Austin High School Secondary 7-12 Government 4.2km
Wagga Wagga Christian College Combined K-12 Independent 4.2km
Kooringal High School Secondary 7-12 Government 4.6km
OneSchool Global NSW - Wagga Wagga Combined 3-12 Independent 4.7km
Riverina Environmental Education Centre Combined Government 5.5km
Mater Dei Catholic College Secondary 7-12 Catholic 8.0km
The Rock Central School Combined K-12 Government 28.8km
Junee High School Secondary 7-12 Government 33.4km
Coolamon Central School Combined K-12 Government 35.7km
Lockhart Central School Combined K-12 Government 60.3km
Gundagai High School Secondary 7-12 Government 67.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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