11 Wilson Street

Orbost VIC 3888

0 m²

902 m²

House

Currently for sale - view listing

Overview

Four on Wilson - Invest at 6.6% Gross Return

11 Wilson Street, Orbost presents a rare opportunity to secure a four-bedroom home on a generous corner block nearly a quarter of an acre in size, all at an extremely affordable price. Whether you are just starting out on the property ladder or an investor looking for an excellent rental return, this beauty could be just what you've been looking for! The home is positioned to the western side of the block and comprises three queen sized bedrooms and a smaller fourth bedroom to the rear. The cosy combined kitchen and dining are located on the eastern side of the home and feature a slow combustion wood heater and a reverse cycle air conditioner for year-round comfort. A small mud room is at the rear entrance to the home has the fourth bedroom to one side and a generous family bathroom, complete with shower over bath, to the other. There is also a separate laundry that is accessed from the bathroom. To the rear of the home is a small alfresco area, a single carport and a lock up workshop. The home itself is predominantly concrete stumps and hardwood flooring under carpet, providing an excellent base to renovate this beautiful home or even extend (STCA). Bower Street Reserve is only around one hundred metres from the rear of the property where the children or grandchildren could run around and have a kick of the footy, whilst the Orbost CBD is around fifteen minutes' walk to grab a coffee from one of the many cafes in town. There are supermarkets, banks and a variety of retail shops and businesses. Orbost is a welcoming community and is a short drive to the coastal town of Marlo for fishing and boating activities. Lakes Entrance is around forty-five minutes' drive for the major supermarkets of Woolworths and Aldi and the Gippsland Lakes. This home would be ideal for the first home buyer that is looking to get a home with that extra bedroom. For the savvy investor, this home also represents an attractive proposition with a tenant in place until August 2026 at $400 per week representing a 6.6% gross return. Please view our Virtual Tour online and call Richard Ivey on 0401 113 310 seven days a week for a private inspection.