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8 Milton Drive

Wyndham Vale VIC 3024

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

Overview

Great Investment Opportunity

An outstanding investment opportunity, this established three-bedroom home is securely leased until 9 January 2028, providing an immediate rental income of $355 per week and long-term peace of mind for savvy investors. Set on a generous allotment, the property also offers exciting future potential to renovate, extend or redevelop (STCA), making it a smart addition to any investment portfolio. Presented in mostly original condition, the home features beautiful hardwood timber floors and comprises three spacious bedrooms with built-in robes, a separate light-filled lounge, a well-appointed kitchen with adjoining meals area, a central bathroom, and a separate laundry. Outside, a large secure backyard is complemented by a single garage and ample off-street parking, enhancing its appeal for long-term tenants. Conveniently located close to schools, public transport, shopping facilities and everyday amenities, this is a rare opportunity to secure a low-maintenance investment with an established tenancy, reliable rental return and outstanding future upside. Please note, the current photos are from when the property was vacant. We do have the latest routine inspection with photos and comments available upon request. Bill Schlink First National has taken every precaution to ensure the information contained herein is true and accurate, however, accepts no responsibility and disclaims all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Features

3 bedrooms
1 bathroom
1 carspace
563 m² lot size
House

Property history for 8 Milton Drive

2021
Rented
Undisclosed
Leased on 09 Dec 2021 by Professionals Triwest Real Estate
2021
Sold
$465,000
Private Sale/Treaty on 08 Nov 2021 by Paul Nuske, of Professionals Triwest Real Estate

Happy sellers in Wyndham Vale

86%
86% of sellers in Wyndham Vale reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 121 reviews in Wyndham Vale over the last 12 months.

Local market activity for 3 bedroom houses in Wyndham Vale

In the last 12 months, 306 three-bedroom houses similar to 8 Milton Drive, have been sold.

This represents a 18% increase in three-bedroom houses sales when compared to the previous 12 months.

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