Under Offer 26/03/2024
$560,000
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24 McMillan Grove, Paynesville VIC 3880

House
6330.0
Block size: 738 m² approx.

ULTIMATE INVESTMENT PROPERTY OPPORTUNITY!

Are you ready to secure your financial future with a remarkable investment property? Look no further! We are thrilled to present to you this trio of units in one convenient complex comprising of 3x1, 2x1, 1x1 units that is sure to check all the boxes on your investment wishlist.
Unit 1 currently leased at $310 per week, unit 2 currently leased at $360 per week and unit 3 currently leased at $270 per week. Totalling $945 per week.
KEY FEATURES:
THREE SEPARATE UNITS:
Upstairs Unit: A spacious 3 bedroom, 1 bathroom unit that has undergone renovations. The combined laundry and bathroom offer both convenience and modern comfort. Open plan living with sliding door onto a large front balcony providing views of Lake King.
Downstairs Unit: A charming 2 bedroom unit with its own combined laundry and bathroom. Open plan living with sliding door onto a private deck area, prefect for relaxing and unwinding.
Rear Unit: A stylish 1 bedroom apartment that has been recently renovated to bring a modern touch. Open plan living with modern laundry/bathroom. Shared driveway.
OUTDOOR AMENITIES:
A spacious rear yard shared by all units, beautifully landscaped for tenants' enjoyment. It's the perfect spot for gatherings, barbecues, or simply soaking up the sun. Two separate concrete driveways offer ample parking space, making it convenient for everyone. Carport and large shed at the rear of the property provides additional storage options, adding value to the property.
LOCATION:
Ideally located in a quiet sought-after area, located just 160 meters from the boat ramp and Lake King making it highly desirable for tenants.
Invest in your future today and secure this fantastic investment property with three units. Whether you're a seasoned investor or just starting, this opportunity is too good to miss. With multiple income streams and a prime location, this property offers a fantastic return on investment.
For inquiries or to book a viewing, please call Lucy Darby on 0422 914 067.

Features include: Split System AC,Outdoor Entertaining,Builtin Robes

Inspections

No open inspections scheduled.

Send an enquiry

Contact Lucy Darby to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
6
Bathrooms:
3
Garage Spaces:
3
Property type:
House
Block Size:
738 *
EER:
0.0

Other Details

Lot:
1
Plan:
TP203827
Legal description:
1\TP203827
LJ Hooker Paynesville

Maps and area information

Block information
Block size: 738 (approx)
Legal description: 1\TP203827
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history

We couldn't find any history for this property.
See Paynesville's suburb profile

Statement of information

Section 47AF of the Estate Agents Act 1980
Download Statement of Information
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.

Paynesville suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
62 years
Population
3,636
Listing ID: 181928492. This listing has been viewed 49 times. It was first displayed on 14/09/2023 and last updated on 26/03/2024.
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.