Back 1-2/429 Prune St
Off Market

1-2/429 Prune St

Lavington NSW 2641

3
2
4
1030 m²
Block of units
Last sold for $740,000
Greg WoodGreg Wood, last sold this property on 28 September 2025 after 11 days on market.

Overview

Dual Income Stream + Future Development Options

Rarely does an opportunity of this calibre hit the market-two fully renovated units on a generous 1030sqm block, with the added advantage of development potential at the rear (STCA). For savvy investors, this is a property that delivers immediate returns and long-term upside. Both residences have been stylishly renovated, offering modern living and low-maintenance appeal, all within walking distance of schools, shops, and everyday conveniences. Unit 1 - Two Bedrooms • Spacious lounge with split system heating/cooling • Large eat-in kitchen with meals area • Combined bathroom/laundry with shower & toilet • Carport plus option to allocate a lock-up garage • Charming front verandah for relaxation Unit 2 - One Bedroom • Fully renovated throughout • Lounge and modern kitchen with enclosed meals/entertainment area • Main bedroom with mirrored built-in robe • Large double shower with integrated laundry facilities • Split system air conditioning & gas hot water • Access to lock-up garage via all-weather driveway Each unit is separately metered, providing flexible leasing arrangements. Current rental appraisals suggest strong returns: • Unit 1 (2BR + LUG + carport): $380-$390 p/w • Unit 2 (1BR + LUG + carport): $330-$340 p/w That's a potential combined return of up to $730 p/w, with no further outlay required. Positioned close to schools, shops, and local amenities, this property offers immediate income, minimal outlay, and exciting future growth potential. Strong returns + development opportunity = smart investment. Whether you're looking to expand your portfolio with solid, ready-to-lease assets, or explore the development potential this site offers, this is a standout opportunity that won't last long. Invest today, profit tomorrow.

Features

3 bedrooms
2 bathrooms
4 carspaces
2 carport spaces
2 garage spaces
1030 m² lot size
Block of units

Estimated Value

We need at least 3 similar 3 bedroom block of units sold in Lavington over the last 12 months.

Property history for 1-2/429 Prune St

2025
Sold
$740,000
Private Sale/Treaty on 28 Sep 2025 by Greg Wood, of Wood Real Estate - Lavington
2020
Sold
$190,000
Private Sale/Treaty on 04 Jun 2020 by Dean Star, of Elders Real Estate Wodonga

Happy sellers in Lavington

96%
96% of sellers in Lavington reported that their sale price either exceeded or met their price expectations.

Lavington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in Lavington over the last 12 months.

Local market activity for 3 bedroom block of units in Lavington

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