Sold

1&2/192 McIvor Road,
STRATHDALE 3550, Victoria

4 bedrooms
2 bathrooms
2 car spaces
632m² land size
House

Price withheld


Property details

FANTASTIC INVESTMENT OPPORTUNITY - BOTH DWELLINGS SOLD AS A PERFECT INVESTOR PACKAGE

Location is always key when purchasing any investment property, making these two units a lucrative choice. Why buy one unit when you can buy two.

Vendors instructions are that both must go together.

Located a stone's throw from the Bendigo CBD, this neat unit complex is an attractive investment opportunity for canny investors or retirees looking to put their superannuation to work.

On two titles, (sold as a package) this opportunity consists of 2 x two bedroom brick units. They are surrounded by neat, low-maintenance landscaping and all currently leased to reliable tenants showing an annual return currently per annum of $28,080 ($540 per week).

Unit 1: 2 bedrooms , 1 bathroom, single carport, $270 per week rent, under current fixed term lease

Unit 2: 2 bedrooms, 1 bathroom, single carport, $270 per week rent, period lease agreement

Recent market conditions and the latest appraisal indicates a further opportunity to increase rental income to enhance this investment opportunity long term. The current rental appraisal amount of $33,280 per annum ($640 per week) would be very achievable.

These units are ideally located a two-minute walk to Crook Street Park, across the road from the All Seasons Quality Resort Entertainment venue, and a two minute drive to the Bendigo CBD. Walking distance to schools, shops, and amenities, as well as a bus stop only metres away, you have everything at your fingertips.

The prominent position is the key to success here - better be quick!

For more information or to arrange a private inspection contact:
Toby Gray 0468 708 785 or toby.gray@raywhite.com
Matt Connolly 0419 369 844 or matt.connolly@raywhite.com

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.

Due diligence checklist for home and residential property buyers.


Explore the area


School catchments

  • Cocos Islands District High School Combined K-10 Government 16,932.2km
  • Cocos Islands District High School - Home Island Campus Combined Government 16,932.2km
  • Christmas Island District High School Combined K-12 Government 16,326.2km
  • Exmouth District High School Combined K-12 Government 16,690.2km
  • Carnarvon School Of The Air - Coral Bay Campus Primary Government 16,801.1km

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.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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