$525,000
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3 Magnolia Parade, Lake Albert NSW 2650

House
312
Block size: 729 m² approx.

Rock-solid Investment With a Two-Year Lease in Lake Albert

Opportunity knocks for investors seeking a property with a rock-solid long-term lease. Nestled in a peaceful, family-friendly corner of Lake Albert, this well-looked after home boasts an array of features designed for comfortable living and investment security.

- Three generously sized bedrooms, each equipped with built-in wardrobes
- The well-appointed kitchen, complete with a dishwasher, is perfect for hassle-free meal preparation
- Two spacious living areas and a dedicated dining area offer ample room, ensuring a pleasant living experience.
- Three-way bathroom with a separate toilet adds a touch of practicality
- Year-round comfort is ensured with a gas wall heater and a split system cooling system
- All the amenities Lake Albert has to offer and then some
- Existing lease in place until 18/2/26, it guarantees a consistent $350 in weekly rental income over the next two years

Don't miss out on this opportunity to secure a property that offers not only space, comfort, and convenience but also the peace of mind of a long-term lease. Whether you're expanding your investment portfolio or seeking an attractive long-term addition to your assets, this Lake Albert treasure has it all.



Council Rates: $2,280.81 per annum


*All information contained herein is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Inspections

No open inspections scheduled.

Send an enquiry

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

Key details

Bedrooms:
3
Bathrooms:
1
Garage Spaces:
2
Property type:
House
Block Size:
729 *

Other Details

Lot:
56
Plan Type:
DP
Plan:
792887
Legal description:
56/792887
Macarthur Real Estate Agency
  • Isaac Erbacher

    Macarthur Real Estate Agency

  • Chloe Chamberlain

    Macarthur Real Estate Agency

Maps and area information

Block information
Block size: 729 (approx)
Legal description: 56/792887
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
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.
Enrolment areas for ACT public schools.

Nearby sales

Looking to compare sales prices?

We found 16 houses with 3 bedrooms that just sold near 3 Magnolia Parade Lake Albert

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
09 Sep 2005
Sold
$104,000
Contract: 09/09/2005
Transfer: 09/09/2005
Block size: 729m²
Transfer type: Partical transfer
Purpose: Residence
15 Jun 1995
Sold
$42,000
Contract: 15/06/1995
Transfer: 15/06/1995
Block size: 729m²
Transfer type: Partical transfer
06 Mar 1990
Sold
$99,500
Contract: 06/03/1990
Transfer: 06/03/1990
Block size: 729m²
Transfer type: Full transfer

Lake Albert suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
45 years
Population
6,291
Listing ID: 182051675. This listing has been viewed 111 times. It was first displayed on 01/11/2023 and last updated on 26/02/2024.
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.