Back 104A Lylia Avenue
Active

104A Lylia Avenue

Mount Clear VIC 3350

2
2
1
807 m²
Block of units
Currently for sale - view listing

Overview

Two Units. One Title. Two Income Streams.

An outstanding opportunity for investors, this unique property presents two well-appointed one-bedroom units on a single title, both currently leased and providing a combined rental income of $670 per week. Unit 1 is leased at $320 per week, while Unit 2 is leased at $350 per week, delivering an immediate and reliable dual income stream from one property. Both units offer functional, low-maintenance layouts with fresh, neutral interiors and a selection of modern comforts, including split-system heating and cooling, dishwashers, electric cooktops and electric ovens. Perfectly positioned for tenant appeal, the property is located close to Federation University, Midvale Shopping Centre, recreational facilities and Ballarat's CBD, placing everyday amenities and employment, education and lifestyle options within easy reach. With both units securely leased, a combined rental return of $670 per week and the added flexibility that comes with owning two dwellings on one title, this is an opportunity that deserves serious consideration from investors seeking to strengthen their portfolio. Property Features: Two one-bedroom units on a single title Both units currently leased Unit 1 leased at $320 per week Unit 2 leased at $350 per week Combined rental income of $670 per week Split-system heating and cooling to both units Dishwasher, electric cooktop and oven Fresh, neutral interiors Close to Federation University and Midvale Shopping Centre Minutes to Ballarat CBD and local amenities

Features

2 bedrooms
2 bathrooms
1 carspace
1 carport space
807 m² lot size
Block of units

Property history for 104A Lylia Avenue

2024
Rented
Undisclosed
Leased on 10 Jan 2024 by Ray White Ballarat
2021
Rented
Undisclosed
Leased on 09 Dec 2021 by Ray White Ballarat

Happy sellers in Mount Clear

92%
92% of sellers in Mount Clear reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 14 reviews in Mount Clear over the last 12 months.

Local market activity for 2 bedroom block of units in Mount Clear

© 2026 RateMyAgent