Cashflow Positive Investment

Damian Portaro, Principal & Chairman's Elite Sales Agent at Ray White Mildura, proudly presents 50 Commercial Street, Merbein, a fantastic opportunity for investors or those ready to roll up their sleeves and add value. With a current rental income of $400 per week this is a cashflow positive investment ready to add to your portfolio!

This four-bedroom, one-bathroom home provides spacious living with multiple living zones, including a lounge, meals area, and a second living/dining space, giving it plenty of flexibility.

The modern kitchen offers practical convenience, while high ceilings and character features give the home a sense of charm. Split-system heating and cooling ensure comfort year-round, and outside, a rear undercover outdoor area provides a space for relaxing or entertaining.

Sitting on a low-maintenance 290sqm allotment, this property is perfect for tenants or homeowners looking for an easy-care lifestyle. The double carport provides secure off-street parking, while the location places you within walking distance to Merbein's shops, schools, and amenities.

For those looking to add value, the home does require some TLC, but with solid bones and great fundamentals, this could be an ideal project for the right buyer.

Whether you're investing, renovating, or searching for an affordable first home, this is a genuine opportunity to secure a property in an increasingly popular location.
Contact me today for more details!

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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School catchments

Our Lady of the Sacred Heart School Primary Prep-6 Catholic 0.42km
Merbein P-10 College Combined Prep-10 Government 1.3km
The Lake Primary School Primary Prep-6 Government 5.3km
Ranfurly Primary School Primary Prep-6 Government 7.5km
Trinity Lutheran College Combined Prep-10 Independent 7.5km
St Joseph's College Mildura - Mercy Campus Secondary Catholic 7.8km
Coomealla High School Secondary 7-12 Government 8.0km
Mildura South Primary School Primary Prep-6 Government 8.1km
Mildura Senior College Secondary Prep-12 Government 8.7km
Dareton Public School Primary K-6 Government 8.7km
Mildura West Primary School Primary Prep-6 Government 8.7km
Mildura Senior College-Mildura English Language Centre Secondary Government 8.8km
Chaffey Secondary College Secondary 7-10 Government 8.8km
Sacred Heart School Primary Prep-6 Catholic 8.9km
St Joseph's College Mildura Secondary 7-12 Catholic 9.1km
St Joseph's College Mildura - VCAL Precinct Campus Secondary Catholic 9.3km
Red Cliffs Secondary College-FLO Connect Campus Secondary Government 9.4km
Mildura Primary School Primary Prep-6 Government 9.9km
St Paul's Primary School Primary Prep-6 Catholic 9.9km
Henderson College Combined Prep-10 Independent 11.1km
Buronga Public School Primary K-6 Government 11.4km
Irymple Primary School Primary Prep-6 Government 11.4km
Mildura Christian College Combined Prep-10 Independent 11.9km
Irymple Secondary College Secondary 7-10 Government 12.2km
Lighthouse Christian College Cranbourne - Sunnycliffs Combined Independent 17.5km
Red Cliffs Secondary College Secondary 7-12 Government 19.3km

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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