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56 Avocado St

Mildura VIC 3500

5
2
1
156.1 m²
933 m²
House
Currently for sale - view listing

Overview

Holy Guacamole! Now That's an Investment!

Ripe for the picking and already producing returns! If you've been searching for an investment that's big on space, strong on returns and easy on the wallet, this one deserves a spot at the top of your list! Welcome to 56 Avocado Street, Mildura, where a generous 935m² allotment, four bedrooms, two bathrooms and a separate outdoor bungalow come together to deliver an exciting opportunity for savvy investors. But here's where things get even sweeter... Already leased at $490 per week, this property is generating an impressive $25,480 in annual rental income, offering a gross rental yield of approximately 6.0% to 6.5% across the advertised price range. That's rental income from day one, without the initial hassle of finding a tenant!

Features

5 bedrooms
2 bathrooms
1 carspace
156.1 m² floor area
933 m² lot size
House

Property history for 56 Avocado St

2024
Rented
Undisclosed
Leased on 20 Dec 2024 by Ray White Mildura
2024
Rented
Undisclosed
Leased on 19 Dec 2024 by Ray White Mildura
2024
Sold
$320,000
17 Sep 2024 by Damian Portaro, of Ray White Mildura

Happy sellers in Mildura

73%
73% of sellers in Mildura reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 5 bedroom houses in Mildura

In the last 12 months, 15 five-bedroom houses similar to 56 Avocado St, have been sold.

This represents a 40% increase in five-bedroom houses sales when compared to the previous 12 months.

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