Sold
Last Asking Price - $950,000
5-7 Cameron Avenue, Mildura VIC 3500
Apartment
999
Block size: 613 m² approx.
Prime investment opportunity in Mildura's West side!
Sale by Set Date® Tuesday 12 March 2024 at 5pm (unless sold prior).
Discover the potential of this unique property nestled on approximately 1226m2 with a single title, strategically positioned in a sought-after west side location. Boasting nine 1-bedroom units with open-plan living, this investment guarantees consistent demand and robust returns.
The property presents an exciting prospect for refurbishment, providing scope to enhance rental returns and capitalize on the flourishing Mildura rental market. Situated mere moments from Mildura's CBD, tenants will enjoy affordability and a convenient lifestyle.
A secure investment awaits, offering an impressive gross return of over 8%. With average rentals ranging between $185 and $200 per week, this opportunity promises not only financial stability but also the potential for substantial growth.
Seize this chance to invest wisely in a property that not only ensures strong returns but also holds immense potential for value appreciation. Act now and secure your position in Mildura's flourishing real estate landscape!
Discover the potential of this unique property nestled on approximately 1226m2 with a single title, strategically positioned in a sought-after west side location. Boasting nine 1-bedroom units with open-plan living, this investment guarantees consistent demand and robust returns.
The property presents an exciting prospect for refurbishment, providing scope to enhance rental returns and capitalize on the flourishing Mildura rental market. Situated mere moments from Mildura's CBD, tenants will enjoy affordability and a convenient lifestyle.
A secure investment awaits, offering an impressive gross return of over 8%. With average rentals ranging between $185 and $200 per week, this opportunity promises not only financial stability but also the potential for substantial growth.
Seize this chance to invest wisely in a property that not only ensures strong returns but also holds immense potential for value appreciation. Act now and secure your position in Mildura's flourishing real estate landscape!
Inspections
No open inspections scheduled.
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Key details
Bedrooms:
9
Bathrooms:
9
Garage Spaces:
9
Property type:
Apartment
Block Size:
613 m²*
Other Details
Lot:
6
Plan:
LP50515
Legal description:
6\LP50515
Maps and area information
Block information
Block size: 613m² (approx)
Legal description: 6\LP50515
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.
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.
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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.
05 Apr 2024
Sold
Barry Plant Mildura
Listed: 12/02/2024
Block size: 1226m²
Transfer type: Full transfer
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.
Mildura suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
41 years
Population
34,565
Listing ID: 182290062. This listing has been viewed 2 times. It was first displayed on 12/02/2024 and last updated on 05/04/2024.
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.