5/426 Eleventh Street
Mildura, VIC 3500

Overview

Solid Double Brick Investment with Long Term Tenant

This well-maintained unit offers a solid investment opportunity with low maintenance requirements, making it ideal for both investors and homeowners. Built in 1985 with durable double brick construction, it is situated on a manageable 321 sqm allotment.

Inside, the unit features a practical layout with a comfortable living area and three spacious bedrooms, providing ample space for relaxation and family living. The U-shaped kitchen, while original, is functional and includes Laminex benchtops and practical cabinetry, ensuring sufficient storage and workspace for daily cooking needs.

The bathroom is tidy and well-maintained, and the separate laundry area includes additional cupboards for extra storage, enhancing the overall convenience of the home.

For year-round comfort, the unit is equipped with electric heating, a split system for both heating and cooling, and evaporative cooling to ensure a pleasant atmosphere during the warmer months.

Outside, the property features a neat paved garden designed for easy upkeep, along with a private courtyard that provides a lovely spot for enjoying the outdoors, whether it be for a morning coffee or soaking up the sun.

Parking is convenient with a single carport space, allowing for off-street parking. Currently, the property is leased to a long-term tenant who pays $300 per week, providing immediate rental income and a reliable tenancy.

With its solid construction, manageable land size, and strong investment fundamentals, this unit presents an excellent opportunity for those seeking a low-maintenance property in a convenient location.

Location