Back 58 Mackellar Street
Off Market

58 Mackellar Street

Benalla VIC 3672

3
1
2
445 m²
House
Last sold for $240,000
Shayne McKeanShayne McKean, last sold this property on 11 September 2024 after 76 days on market.

Overview

RARE OPPORTUNITY UNDER $300,000k WITH POTENTIAL 13% RETURN ON INVESTMENT!

Welcome to 58 Mackellar Street, Benalla an original and untouched investment, first home buyer opportunity or renovators delight. Located only a short walk from Benalla CBD, we are within close proximity to schools, Benalla Train station, Benalla Lake, and restaurants. Trip to Sydney and Melbourne made easy with the train station being right at your door step, with upgrades to this service coming. RENTAL RETURN as is: $300 - $320p.w, with minor cosmetic upgrades done to this property there is every potential to increase your return to high $300`s, sitting this home at a near 13% return. Inside the home is the perfect canvas, a spacious lounge with open plan layout that consists of two large windows that flood the home with natural light. The small and compact kitchen, showing storage space, stand alone electric oven and gas cooktop as well as dining space off to the side. Moving through the home we feature three spacious bedrooms one with built in robes, a central bathroom that features bath - shower and single sink. Next to the bathroom you have a separate toilet that connects through to the laundry. The property's front and rear yard offer a blank canvas for those with a creative touch, allowing you to put your own stamp on things and create the outdoor space of your dreams. Additionally, there's a rear shedding and undercover shelter for all tools and toys. Other features: Solid concrete stumps Walking distance to CBD Stand alone, low maintenance title This is a great opportunity for someone to enter the market or take a blank canvas and create a gorgeous home. Don`t miss this one, contact Ray White Benalla today.

Features

3 bedrooms
1 bathroom
2 carspaces
1 carport space
1 garage space
445 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Benalla over the last 12 months, the estimated median property value of 58 Mackellar Street is $491k.

Median value
$491k
Estimated value range
$255k - $1.05m
Median days on market
36
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Benalla. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 58 Mackellar Street

2024
Sold
$240,000
Private Sale/Treaty on 11 Sep 2024 by Shayne McKean, of Ray White Benalla
2024
Sold
$240,000
11 Sep 2024 by Shayne McKean, of Ray White Benalla
2024
Sold
$240,000
11 Sep 2024 by Shayne McKean, of Ray White Benalla

Happy sellers in Benalla

90%
90% of sellers in Benalla reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 19 reviews in Benalla over the last 12 months.

Local market activity for 3 bedroom houses in Benalla

In the last 12 months, 138 three-bedroom houses similar to 58 Mackellar Street, have been sold.

This represents a 29% increase in three-bedroom houses sales when compared to the previous 12 months.

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