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79 Sixteenth Street

Mildura VIC 3500

4
2
2
325 m²
House
Currently for sale - view listing

Overview

A high yield investment that pulls it's weight

Positioned to deliver an outstanding combination of quality, low-maintenance living and strong investment appeal, this already tenanted three year old four-bedroom townhouse presents an exceptional opportunity to secure a modern property with an approximate gross rental return of 6.8% highly out performing the average return in Mildura of 4.8% annually. Offering four generous bedrooms, two bathrooms and a double remote garage with convenient rear-lane access, the home features a spacious and functional floorplan that will appeal to a broad range of tenants. High ceilings and timber flooring enhance the light-filled open-plan living and dining area, while a separate formal lounge provides valuable additional living space. At the heart of the home, the well-appointed kitchen combines style with practicality, featuring a natural gas cooktop, stainless steel dishwasher and a butler's pantry complete with its own sink. The spacious master suite includes a private ensuite and walk-in robe, while the remaining bedrooms are well positioned to comfortably accommodate families. Year-round comfort is assured with zoned ducted reverse-cycle heating and cooling, complemented by ceiling fans throughout. Outside, the covered alfresco entertaining area and fully fenced yard further enhance the property's appeal, while convenient rear-lane access to the remote double garage adds everyday practicality. Set on a manageable 325 sqm allotment with an impressive 245 sqm of living, this quality-built townhouse offers everything investors are looking for-modern finishes, generous proportions, low-maintenance living and a projected gross rental return of approximately 6.8%. Whether you're adding to an established portfolio or securing a quality investment with excellent rental potential, this is an opportunity well worth your inspection.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
325 m² lot size
House

Happy sellers in Mildura

85%
85% 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 24 reviews in Mildura over the last 12 months.

Local market activity for 4 bedroom houses in Mildura

In the last 12 months, 231 four-bedroom houses similar to 79 Sixteenth Street, have been sold.

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

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