House For Sale - VIC - Mildura - 3500 - Affordable Entry with Strong Yield (Image 2)

47 Magnolia Avenue Mildura VIC 3500

Statement of Information

For Sale $230,000 - $250,000

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Property Type House
Land area approx 475sqm
Region Murray
Locality Mildura
Uncovered Carspaces 1

Tags: Shed Lease

Affordable Entry with Strong Yield

This weatherboard home is set on a 475m² parcel of college lease land, with a fixed lease in place currently paying $360 per week, offering a steady return from day one.

This is a great opportunity to get into the market or investors looking for a well-positioned property with a secure return.

The home includes 2 bedrooms, 1 bathroom, a modernised kitchen, and separate lounge and dining spaces, making for a simple and functional layout.

The kitchen and bathroom have both been updated, giving the home a refreshed feel and the property also features rear lane access and a shed at the back, ideal for storage or extra parking.

Located in a convenient spot close to Mildura’s CBD, schools, shops, and public transport, this home is well placed for easy living and strong rental appeal.