104A Lylia Avenue

Off Market

104A Lylia Avenue

Mount Clear VIC 3350

807 m²

Block of units

Last sold for $490,000

Will Munro, last sold this property on 25 October 2026 after 37 days on market.

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 $700 per week. Unit 1 is leased at $350 per week until February 2027, while Unit 2 is leased at $350 per week on a periodic basis, 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

Estimated Value

We need at least 3 similar 2 bedroom block of units sold in Mount Clear over the last 12 months.

Property history for 104A Lylia Avenue

2026

Sold

$490,000

25 Oct 2026 by Will Munro, of Ray White Ballarat

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

90%

90% 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 12 reviews in Mount Clear over the last 12 months.

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

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Mount Clear for a free market appraisal.

Damian Shackell

at PRD Ballarat

(182 reviews)

Get a free market appraisal

Penny Shields

at PRD Ballarat

4.9

(191 reviews)

Get a free market appraisal

Tim Allen

at PRD Ballarat

(189 reviews)

Get a free market appraisal

Peter Martin

at PRD Ballarat

(77 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mount Clear

Damian Shackell

Sellers who recommend Damian Shackell have praised them for being clear communication, local expert, responsive, friendly, honest, supportive and easy to work with

5 (182 reviews)
5 Reviews in Mount Clear
1 Sale in Mount Clear

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Penny Shields

Sellers who recommend Penny Shields have praised them for being clear communication, local expert, responsive, friendly, well-prepared, pleasant and supportive

4.9 (191 reviews)
4 Reviews in Mount Clear
4 Sales in Mount Clear

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Tim Allen

Sellers who recommend Tim Allen have praised them for being clear communication, local expert, reliable, responsive, friendly, supportive and easy to work with

5 (189 reviews)
3 Reviews in Mount Clear
2 Sales in Mount Clear

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Peter Martin

Sellers who recommend Peter Martin have praised them for being clear communication, local expert, honest, reliable, responsive, supportive and well-prepared