$1,070,000
1-4/393 Urana Road, Lavington NSW 2641
Apartment
844
PRIME INVESTMENT OPPORTUNITY
Discover an enticing investment opportunity at 1-4/393 Urana Road, Lavington. This property presents a "set and forget" investment with four units, each offering a comfortable living space, strategic location, and promising rental potential.
This immaculate property comprises four individual units, each featuring two bedrooms, one bathroom, an open-plan kitchen/living/dining area, as well as a convenient carport for each unit. The thoughtful design ensures a harmonious balance between functionality and comfort.
Updates have recently been carried out across the property and include items such as new flooring, fresh paint, bathroom vanities, and shower screens.
All four units are currently under lease agreements, providing a steady and reliable source of income. The current rental appraisal for each unit stands at $300 per week. With a potential rental yield of 5.83%, investors can anticipate a solid return on investment. This promising figure is indicative of the property's capacity to generate substantial income relative to its current market value.
1-4/393 Urana Road enjoys a strategic location within walking distance of Lavington Plaza, supermarkets, medical facilities, schools, and more. This accessibility not only enhances the property's market appeal but also ensures convenience for tenants, contributing to the property's overall desirability.
Don't miss the chance to capitalize on the growing demand in Lavington's real estate market and secure your position in this prime investment opportunity.
Please note the flooring in unit 1 has been updated with carpet.
This immaculate property comprises four individual units, each featuring two bedrooms, one bathroom, an open-plan kitchen/living/dining area, as well as a convenient carport for each unit. The thoughtful design ensures a harmonious balance between functionality and comfort.
Updates have recently been carried out across the property and include items such as new flooring, fresh paint, bathroom vanities, and shower screens.
All four units are currently under lease agreements, providing a steady and reliable source of income. The current rental appraisal for each unit stands at $300 per week. With a potential rental yield of 5.83%, investors can anticipate a solid return on investment. This promising figure is indicative of the property's capacity to generate substantial income relative to its current market value.
1-4/393 Urana Road enjoys a strategic location within walking distance of Lavington Plaza, supermarkets, medical facilities, schools, and more. This accessibility not only enhances the property's market appeal but also ensures convenience for tenants, contributing to the property's overall desirability.
Don't miss the chance to capitalize on the growing demand in Lavington's real estate market and secure your position in this prime investment opportunity.
Please note the flooring in unit 1 has been updated with carpet.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Lexley Sewell to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
8
Bathrooms:
4
Garage Spaces:
4
Property type:
Apartment
Other Details
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Property history
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SummaryMedian sales
Average Age
42 years
Population
13,073
Listing ID: 182099092. This listing has been viewed 22 times. It was first displayed on 17/11/2023 and last updated on 14/03/2024.
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.