1, 2 & 3/428 Walnut Avenue

Mildura VIC 3500

664 m²

Block of units

Currently for sale - view listing

Overview

Three Opportunities, One Address

Offering flexibility rarely found in today's market, this complex of three brick units presents an appealing opportunity for investors seeking immediate income, future growth potential or the ability to secure multiple properties in a single transaction. For those seeking a smaller investment, each unit is also available for individual purchase, with prices ranging from $330,000 to $363,000. Positioned just minutes from Mildura Central and a range of everyday amenities, each two-bedroom, one-bathroom unit has been designed for low-maintenance living and includes a dedicated car space, evaporative cooling and electric cooking. The complex benefits from an inactive Owners Corporation, providing added simplicity for owners. Unit 1 is currently vacant, offering immediate flexibility for owner occupiers or investors looking to secure a tenant of their choosing. Council and water rates do not exceed approximately $3,000 per annum. Unit 2 is currently leased at $375 per week and features a private paved courtyard, providing a low-maintenance outdoor space. Council and water rates do not exceed approximately $3,000 per annum. Unit 3 is also leased at $375 per week and enjoys the benefit of a grassed rear yard, appealing to tenants seeking additional outdoor space. Council and water rates do not exceed approximately $3,000 per annum. Whether you're looking to purchase a single unit, add multiple properties to your portfolio or secure the entire complex, this is a rare opportunity to acquire a versatile investment in a convenient Mildura location with established rental appeal.