1 & 2/272 Ninth Street

Mildura VIC 3500

499 m²

Apartment

Currently for sale - view listing

Overview

OUTSTANDING FREEHOLD INVESTMENT WITH DUAL TENANCY INCOME

Perfectly positioned on the fringe of the CBD, this exceptional freehold investment presents a rare opportunity for savvy investors seeking strong returns and long-term growth potential. Featuring two separate units, each with its own tenancy and income stream, this property offers a genuine set-and-forget investment opportunity with solid rental agreements already in place. With dual incomes and excellent cash flow potential, it's an ideal addition to any investment portfolio. Each unit comprises: Two bedrooms One bathroom Open-plan kitchen, meals, and living area Spacious private yard Own driveway and car park. 1/272 Ninth St: 257m2 approx 2/272 Ninth St: 240m2 approx Common Property: 148m2 approx Well-maintained, low-maintenance, and delivering reliable returns, these properties represent a genuine cash-flow asset and an excellent opportunity to build equity for your future investment goals. Rental currently on a private arrangement with the Vendor willing to make a formal agency agreement prior to settlement with both units to enter a new 12 month lease. Combined weekly rental collection of $960 per week. Making this a sensational return on investment and annual rental income of $49,920. Don't miss this outstanding opportunity to secure a dual-income freehold investment in a highly desirable westside location. Buy one or buy both! Do the numbers and make your move.