PRD Albury-Wodonga Suite 3, Ground Floor, 429 Swift Street Albury, NSW, 2640 02 6021 0442
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1 & 2 / 579 Mair Street
lavington
NSW, 2641

SOLD

Sold for $597,500

listing rooms 4
listing bathrooms 2
listing parking 2
Land: 847 sqm

STRONG RENTAL INCOME | SCOPE FOR FUTURE DEVELOPMENT (STCA)

Located in a quiet cul-de-sac and offering easy access to Lavington services, this complex of two, 2-bedroom units presents a wonderful investment opportunity.

Offering a $650 per week ($33,800 per annum) combined rental income on fixed tenancy agreements, the property includes the two units plus additional land area to consider a third property development, subject to Council approval.

Neatly presented, each unit offers:

- Two spacious bedrooms with built-in robes
- Well sized kitchens with electric cooking.
- Open plan lounge areas with gas heating and air conditioning.
- Comfortable bathroom / laundry facilities.
- Single carport accommodation plus garden shed storage for Unit 2.
- Outdoor courtyard areas and large enclosed yard for Unit 2.
- Each unit has had paint and carpet renewed in the past couple of years.
- Land size of approximately 847m2.

Now is a strategic time to secure an investment such as this as the yield will only improve.

Council Rates: $1,949.30 approximate per annum.
Water Rates: $855.25 approximate per annum plus consumption.

Agents

Nearby Schools

About lavington

median house price

315000

suburb growth

12.5%

median house rent

350

suburb rental yield

5.8%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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