Positioned in a convenient and well-established pocket of Millbank, 21 Wendt Street presents an outstanding opportunity for investors seeking an immediately income-producing asset with strong rental appeal and future upside.
Set on a 650m² allotment, this solid duplex has been fully renovated, offering a low-maintenance investment with the hard work already done. Both units are currently tenanted, delivering instant return from day one.
Each unit comprises 1 bedroom, 1 bathroom and 1 car accommodation, with tasteful modern updates including new kitchens, bathrooms, paint, flooring and blinds. Designed for comfort and practicality, both residences also feature Mitsubishi split system air-conditioning in the bedrooms, NBN connection, electric hot water, and smoke alarm compliance.
The kitchens have been thoughtfully upgraded with quality inclusions such as an upright electric fan-forced oven, ceramic cooktop, rangehood, and plumbed fridge space, further enhancing tenant appeal.
Outside, the property continues to impress with a generous 7.5m x 7m carport, side access, new roof and a 3m x 3m lawn locker, adding valuable functionality for occupants and owners alike.
With a current combined rental return of $800 per week, secure leases in place, and a great location surrounded by quality neighbours, this is an ideal addition to any investment portfolio.
Investment Snapshot:
• Duplex investment on 650m²
• 2 units, each offering 1 bedroom, 1 bathroom, 1 car
• Fully renovated internally
• New kitchens, bathrooms, flooring, paint and blinds
• Currently tenanted for immediate income
• Unit 1: $400 per week | Lease until 11 January 2027
• Unit 2: $400 per week | Lease until 10 March 2027
• Council rates: $2,686.00 per half
• NBN connected
• Mitsubishi split system air-conditioning in bedrooms
• 7.5m long x 7m wide carport
• Side access
• 3m x 3m lawn locker
• Built by Petersen Bros. Pty Ltd in 1973
A neat, updated and well-positioned duplex with solid returns and leases already in place, 21 Wendt Street, Millbank is the kind of investment opportunity that makes immediate sense.
Phone Daniel Anderson today on 0413 205 827 for more information or to book a private inspection. Also, keep an eye out for the scheduled open home times.
*Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor or contracted illustrator take any responsibility for any omission, wrongful inclusion, misdescription or typographical error in this marketing material. Accordingly, all interested parties should make their own enquiries to verify the information provided. The floor plan included in this marketing material is for illustration purposes only, all measurements are approximate and is intended as an artistic impression only. Any fixtures shown may not necessarily be included in the sale.
