SoldJun 3, 2025

5/138 Swallow St, Shepparton, VIC, 3630

Amount undisclosed

2
1
1

Apartment

Sold: Jun 3, 2025

What's around 5/138 Swallow St

A Rare Investment Gem in the Heart of Shepparton

Positioned just minutes from Shepparton's vibrant CBD, train station, picturesque lake, walking tracks, and an array of everyday amenities, this exceptional property offers the ultimate in convenience and lifestyle. Set in a prime location that did not experience flooding during recent events, it presents an outstanding opportunity for both investors and future owner-occupiers alike. At the front of the block sits a delightful two-bedroom home that's bright, cosy, and filled with charm. Tastefully decorated throughout, the residence features two spacious bedrooms with built-in robes, a central sunlit living area with split system heating and cooling, and a functional kitchen equipped with electric cooking appliances and ample cupboard space. The combined bathroom/laundry includes a shower, while side access leads to a private courtyard. Additional features include a sizable fully fenced front yard, a carport with extra driveway parking, and NBN connectivity. To the rear of the property, you'll find six individually titled, tastefully updated two-bedroom units. Each unit offers built-in robes in both bedrooms, a central living area with split system climate control, and a practical layout perfect for tenants or short-term stays. The units share a neat backyard space complete with clotheslines, and each includes its own single carport. With income potential of approximately $119,000 per year, this is a high-performing investment that is seldom seen on the market. Outside, the property is well-maintained and well laid out. The grounds are low-maintenance, with established fencing and defined car spaces throughout. With an opportunity to buy one or buy all, this is an amazing opportunity for those looking for a low cost unit, or a fantastic investment! Or both! Property Highlights: - Seven individually titled properties- - Strong rental income: $119,000 annually - Minutes to CBD, lake & train - No flood history, safe location - Ideal for investors or Airbnb

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