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7/23 Alexandra Avenue, Kalimna VIC 3909

$300,000

Search Band Search Visibility Band

$300k - $350k High Confidence Calculated based on strong search observations.

Unit 2 Beds 1 Bath 1 Car

Listed: 6 days ago

Updated: 12 hours ago

Overview

This well-maintained brick veneer unit, constructed in 1996, is situated within a quiet and established complex comprising only 10 units in Kalimna. Ideal for investors, downsizers, or those seeking a manageable coastal residence, the property offers a straightforward lifestyle with low maintenance requirements.

The property's open-plan living and dining area is north-facing, allowing ample natural light to fill the space and enhancing the sense of comfort and connection to the outdoors. This area and one of the bedrooms both open onto a private, fully fenced courtyard, providing a secure and tranquil outdoor retreat.

The unit features two comfortable bedrooms, each with built-in robes offering practical storage solutions. The bathroom is thoughtfully designed with both a separate bath and shower, catering to different needs and preferences, while a separate laundry adds convenience. Reverse-cycle air conditioning ensures the living area remains comfortable year-round.

Additional benefits include a single carport alongside an adjoining workshop, adding versatility for hobbies or storage needs.

The property currently provides immediate rental income with a reliable tenant on a periodic lease, returned at $350 per week. Owners corporation fees are low, at approximately $650 annually, keeping ongoing costs affordable.

Located just minutes from Lakes Entrance, this unit offers a blend of privacy, practicality, and coastal convenience, making it a compelling choice for investors or those looking for a manageable home in an attractive area.

Images have been digitally altered for tenant privacy but are representative of the property.

Local Market Insights

In Kalimna, Quiet Listings observed 4 new units entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $346,250. The property type mix of listed properties is predominantly Houses at 70%, followed by units (15%), and land (7%). The most active agency for units in the Kalimna area is currently First National, representing 25% of new listings, followed by Bill Wyndham & Co. with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.