50 Commercial Street Merbein, 3505 VIC
Affordable Investment or First Home Opportunity in Merbein
Damian Portaro, Principal & Chairman's Elite Sales Agent at Ray White Mildura, proudly presents 50 Commercial Street, Merbein, a fantastic opportunity for investors or those ready to roll up their sleeves and add value. Currently leased at $390 per week, this property is generating strong rental returns and offers great potential for future capital growth.
This four-bedroom, one-bathroom home provides spacious living with multiple living zones, including a lounge, meals area, and a second living/dining space, giving it plenty of flexibility.
The modern kitchen offers practical convenience, while high ceilings and character features give the home a sense of charm. Split-system heating and cooling ensure comfort year-round, and outside, a rear undercover outdoor area provides a space for relaxing or entertaining.
Sitting on a low-maintenance 290sqm allotment, this property is perfect for tenants or homeowners looking for an easy-care lifestyle. The double carport provides secure off-street parking, while the location places you within walking distance to Merbein's shops, schools, and amenities.
For those looking to add value, the home does require some TLC, but with solid bones and great fundamentals, this could be an ideal project for the right buyer.
Whether you're investing, renovating, or searching for an affordable first home, this is a genuine opportunity to secure a property in an increasingly popular location.
ðŸ"ž Contact me today for more details!
For Sale $299,000 - $328,000
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
-
Damian Portaro
-
Christian Sapuppo