2/533 Kiewa Place
Albury, NSW 2640

Overview

2 / 533 Kiewa Place

Located in the heart of Central Albury, approximately 650 meters from Dean Street, this well-maintained unit presents an excellent investment opportunity for those seeking immediate rental income in a highly sought-after area. The property features a practical layout with spacious rooms and low-maintenance appeal, making it ideal for tenants currently and future owner-occupiers.

Key features include two generously sized bedrooms, both equipped with built-in wardrobes. The master bedroom is notably oversized and includes a ceiling fan for added comfort. The bathroom has been updated and offers a large shower, a single vanity, and a separate toilet for convenience.

The front lounge room is spacious and opens onto the front porch, providing a comfortable area for living and entertaining. Adjacent to the lounge is the dining area, which flows seamlessly from the kitchen and is enhanced by floating floorboards throughout.

The kitchen is well-appointed with electric cooking appliances, a dishwasher, and ample bench and storage space, catering well to everyday cooking needs. Climate control is efficiently managed with a split system heating and cooling unit.

A full laundry is included, featuring a built-in trough and additional storage options. Parking is provided by a single carport, offering covered off-street parking for one vehicle.

The property currently has a fixed tenancy agreement in place until January 2027, generating a rental return of $410 per week. Council rates are approximately $1,772.90 per annum, while water rates are approximately $953.67 per annum plus consumption.

This unit represents a sound investment in a consistently popular location, combining convenience, comfort, and low maintenance in a well-presented package.

Location