PRD Mildura 119 Langtree Avenue Mildura, VIC, 3500 03 5022 7750
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293 Deakin Avenue
mildura
VIC, 3500

$400,000 - $440,000

listing rooms 3
listing bathrooms 1
listing parking 1
Land: 869 sqm

Prime Location with Development Potential

Presenting a rare opportunity to secure a property with incredible versatility! Currently tenanted to a not-for-profit Community Service Organisation for the past 12 years, this 3 bedroom, 1 bathroom well-maintained home offers great bones and endless potential for transformation if one should desire. Situated in a fantastic location close to local schools, parks, and local amenities, this creates a strong demand for both residential and commercial use. The outdoor space is of generous size, complete with a fully equipped playground, shaded seating areas, and interactive play zones, making it the perfect investment opportunity with the current lease in place or an excellent opportunity for future development into a multi-unit complex (subject to council approval). Current rental appraisal of $460 per week, this property offers an incredible investment opportunity for savvy buyers looking to capitalize on its existing use or future potential. This is your chance to secure a unique asset in a high-growth area, inspect for yourself, or risk missing out.

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Nearby Schools

About mildura

median house price

461255

suburb growth

3.1%

median house rent

480

suburb rental yield

5.4%
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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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