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1 John Street

Yallourn North VIC 3825

4
1
1
602 m²
House
Currently for sale - view listing

Overview

Proven Returns, Responsible Renters & Room to Grow

1 John Street is a rare find in Yallourn North, perfectly positioned for investors seeking a solid, income producing property. This three bedroom home on an elevated 602m² block provides reliable rental income and opportunities to enhance the property over time. Leased at $410 per week under a fixed tenancy until 30 September 2026, the property offers immediate rental income with a gross rental yield of approximately 6.2%. With some updates already completed, there's scope to further improve interiors and outdoor areas, offering potential for capital growth in line with market conditions. Property Features: - Secure Income with a lease in place until Sept 2026, rent stepping from $390/week to $410/week in Oct 2025. - Most recent updated Interiors with modernised kitchen with stone benchtops, dishwasher, and near new appliances, plus a bathroom upgrade with walk in shower. - Flexible Floorplan consists of 3 bedrooms plus a study/4th bedroom, perfect for attracting diverse tenants. - Comfort & Practicality with split system air conditioning, separate dining, large laundry with second toilet. - Elevated block with rear veranda with scenic views and room to enhance outdoor appeal for future value gains. - This property is ideal for investors who are looking for a dual opportunity, earn consistent rental income from day one, and strategically add value through required upgrades. With strong rental demand and a convenient location near shops, schools, and amenities, 1 John Street provides a well located option for investors looking for consistent rental income and the potential to improve the property over time. Contact the team today to arrange a private inspection or find out more about this property. Anthony Bloomfield – 0455 303 750 Josh Quigley – 0477 122 366 Brett Chapman – 0439 313 431

Features

4 bedrooms
1 bathroom
1 carspace
1 garage space
602 m² lot size
House

Property history for 1 John Street

2024
Rented
Undisclosed
Leased on 12 Sep 2024 by One Agency Latrobe Valley
2024
Rented
Undisclosed
Leased on 02 Sep 2024 by One Agency Latrobe Valley
2022
Rented
Undisclosed
Leased on 01 May 2022 by One Agency Latrobe Valley

Happy sellers in Yallourn North

69%
69% of sellers in Yallourn North reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 7 reviews in Yallourn North over the last 12 months.

Local market activity for 4 bedroom houses in Yallourn North

In the last 12 months, 7 four-bedroom houses similar to 1 John Street, have been sold.

This represents a 29% increase in four-bedroom houses sales when compared to the previous 12 months.

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