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62 Tenth St

Mildura VIC 3500

3
1
1
523 m²
House
Currently for sale - view listing

Overview

Secure Investment with Industrial Flexibility

Some properties ask buyers to make assumptions about the future. This one provides more certainty than most. With a lease already secured until October 2027, a rental increase locked in and tenants keen to remain, the investment story is largely established from day one. Set on a corner allotment in an Industrial zone, it is the kind of property that works comfortably as a holding investment today while leaving room to consider what tomorrow may look like. The home itself is practical, low maintenance and easy to lease, but the real appeal is the combination of immediate income and longer-term flexibility. -523sqm corner allotment -Industrial zoning -Three-bedroom brick veneer home -Fixed-term lease until October 2027 -Current rent $400 per week -Rent increasing to $440 per week from October 2026 -Established tenants keen to remain -Rear lane access -Single carport and garden shed -Evaporative cooling and gas heating

Features

3 bedrooms
1 bathroom
1 carspace
523 m² lot size
House

Property history for 62 Tenth St

2023
Sold
Undisclosed
04 Apr 2023 by Robert J Stephens, of Collie & Tierney First National

Happy sellers in Mildura

87%
87% 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 27 reviews in Mildura over the last 12 months.

Local market activity for 3 bedroom houses in Mildura

In the last 12 months, 384 three-bedroom houses similar to 62 Tenth St, have been sold.

This represents a 19% increase in three-bedroom houses sales when compared to the previous 12 months.

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