Block of Units Sold - NSW - Lavington - 2641 - STRONG RENTAL INCOME | SCOPE FOR FUTURE DEVELOPMENT (STCA) (Image 2)

1 & 2/579 Mair Street Lavington NSW 2641

Sold $597,500

4 2 2

Property Type Block of Units
Land area approx 847sqm
Region Murray
Locality Albury
Carports 2

Tags: Shed Income

STRONG RENTAL INCOME | SCOPE FOR FUTURE DEVELOPMENT (STCA)

Located in a quiet cul-de-sac and offering easy access to Lavington services, this complex of two, 2-bedroom units presents a wonderful investment opportunity.

Offering a $650 per week ($33,800 per annum) combined rental income on fixed tenancy agreements, the property includes the two units plus additional land area to consider a third property development, subject to Council approval.

Neatly presented, each unit offers:

- Two spacious bedrooms with built-in robes
- Well sized kitchens with electric cooking.
- Open plan lounge areas with gas heating and air conditioning.
- Comfortable bathroom / laundry facilities.
- Single carport accommodation plus garden shed storage for Unit 2.
- Outdoor courtyard areas and large enclosed yard for Unit 2.
- Each unit has had paint and carpet renewed in the past couple of years.
- Land size of approximately 847m2.

Now is a strategic time to secure an investment such as this as the yield will only improve.

Council Rates: $1,949.30 approximate per annum.
Water Rates: $855.25 approximate per annum plus consumption.