$1,750,000
1-9/286 Beechworth Road, Wodonga VIC 3690
Other
10929
Block size: 1644 m² approx.
Brilliant Investment Opportunity in Central Wodonga
Located on Beechworth Road in central Wodonga, this unit complex is within easy walking distance to High Street CBD and a bus stop on its doorstep. The complex features brick construction and is set on a 1644m² (approx.) allotment. This 9 unit development is on one title and does not require strata management, appealing to the astute investor.
Free standing and facing Beechworth Road is unit 1, which is a spacious 2 bedroom unit with adjoining carport, stainless steel appliances, built in robes in main bedroom and a separate laundry. This unit has had a full high-quality renovation completed in 2023.
Behind this you will find units 2 to 9, each featuring one bedroom with a combined laundry/bathroom, separate toilet and built in robes. North facing lounge, split system air-conditioning, gas cooking, gas hot water and an allocated carport. Units 2-7 & 9 are in original condition making this a great opportunity for a makeover. Unit 8 has been updated in 2023 as photographed.
Beside the carport is a lockable 2 car garage and at the rear of the complex there is a spacious green space for all units to share.
All units are fully compliant with electrical and gas regulations as per the standards recently introduced. These units have secure long term tenants, with some astonishingly lengthy tenancies, ensuring a sound investment. Yearly income is approx. $105,820 providing a 6% gross return.
For further information please do not hesitate to call Joan on 0419 483 919.
Gas and electrical compliance reports are within the vendor statement and a recent building and pest report are available on request.
Disclaimer: Joan Naldrett Real Estate make every attempt to ensure that all information provided about the property is accurate. Information is provided from the Vendor, legal representation and other information sources, therefore we cannot accept any responsibility for its true accuracy and advise all of our clients to seek independent advice prior to proceeding with any property transaction.
Free standing and facing Beechworth Road is unit 1, which is a spacious 2 bedroom unit with adjoining carport, stainless steel appliances, built in robes in main bedroom and a separate laundry. This unit has had a full high-quality renovation completed in 2023.
Behind this you will find units 2 to 9, each featuring one bedroom with a combined laundry/bathroom, separate toilet and built in robes. North facing lounge, split system air-conditioning, gas cooking, gas hot water and an allocated carport. Units 2-7 & 9 are in original condition making this a great opportunity for a makeover. Unit 8 has been updated in 2023 as photographed.
Beside the carport is a lockable 2 car garage and at the rear of the complex there is a spacious green space for all units to share.
All units are fully compliant with electrical and gas regulations as per the standards recently introduced. These units have secure long term tenants, with some astonishingly lengthy tenancies, ensuring a sound investment. Yearly income is approx. $105,820 providing a 6% gross return.
For further information please do not hesitate to call Joan on 0419 483 919.
Gas and electrical compliance reports are within the vendor statement and a recent building and pest report are available on request.
Disclaimer: Joan Naldrett Real Estate make every attempt to ensure that all information provided about the property is accurate. Information is provided from the Vendor, legal representation and other information sources, therefore we cannot accept any responsibility for its true accuracy and advise all of our clients to seek independent advice prior to proceeding with any property transaction.
Features
- Heating
- Split System a/c
Inspections
No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.
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Key details
Bedrooms:
10
Bathrooms:
9
Garage Spaces:
2
Carport spaces:
9
Property type:
Other
Block Size:
1644 m²*
Other Details
Maps and area information
Block information
Block size: 1644m² (approx)
No block information available
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
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Statement of information
Section 47AF of the Estate Agents Act 1980
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Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
Wodonga suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
41 years
Population
20,259
Listing ID: 182632610. This listing has been viewed 1 time. It was first displayed on 27/06/2024 and last updated on 02/07/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.