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5 / 723 La Trobe Street
redan
VIC, 3350

$245,000

listing rooms 1
listing bathrooms 1
listing parking 1
Property: 52 sqm Land: 53 sqm

Updated Unit in Prime Location

Introducing an exceptional opportunity for investors or first-time buyers, located in the central suburb of Redan.

This property has the convenience of a bus stop nearby and just a 5-minute drive to into town, this 1-bedroom unit offers both convenience and comfort. Boasting a prime location near take-away outlets and the local grocery store, this property ensures easy access to amenities and entertainment options along with a short drive to the DTC.

The private and secure courtyard provides a tranquil retreat, perfect for relaxing or entertaining guests. Included with the unit is a single carport, offering added convenience and practicality.

Currently leased to a great tenant at $250 per week until early January, this property presents a fantastic investment opportunity with immediate returns.

The interior features an updated open-plan Kitchen/Meals/Living area adorned with practical vinyl-plank flooring and near new split system for year-round comfort. The kitchen is equipped with a new gas stove, overhead & under bench cupboards, and Laminex benchtops, making meal preparation a breeze. The Bathroom/Laundry includes washing machine facilities, including a wash-trough, along with an updated vanity and shower. Additionally, a separate toilet adjacent to the bathroom enhances convenience and functionality.

Rest assured, all gas and electrical checks have been completed and are up to date, ensuring peace of mind for both tenants and owners alike. Don't miss out on this opportunity to secure a well-maintained and conveniently located property in central Redan.

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About redan

median house price

370500

suburb growth

0.4%

median house rent

340

suburb rental yield

4.8%

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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