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1&2/192 McIvor Road STRATHDALE, VIC 3550

Sold on 15 Sep 2021Floorplan
  • 4 Beds
  • 2 Baths
  • 2 Cars
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1&2/192 McIvor Road, STRATHDALE, VIC 3550

House in STRATHDALE

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

  • 4 Beds
  • 2 Baths
  • 2 Cars

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

Land:

632m² / 0.15 acres

Parking:

1 garage space and 1 carport space

Bedrooms:

4

Bathrooms:

2