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Block of Units

307 Vickers Road Lavington, NSW 2641

Sold on 13 Nov 2015
  • 10 Beds
  • 5 Baths
  • 6 Cars
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Block of Units in Lavington

Great Investment return on this unit block

  • 10 Beds
  • 5 Baths
  • 6 Cars

If you are currently looking for a great investment return, with potential for further improvement and increased rentals, while offering a comfortable, private and secure home for tenants, then this should grab your attention!

This unit block consists of five, two bedroom units.

Unit one is the larger unit, at 100sqm with a full bathroom, a separate laundry, an additional storage area & a carport which is currently leased for $210 per week until March 2016.

Not only this, there is also a storage room securing $50 per week.

Units two to five all have private courtyards, reverse cycle air conditioning, functional kitchens and off street parking.

Unit two to five are leased for $180 per week each.

Albury/Lavington has been identified as a real estate hotspot and is dominated by the manufacturing, construction, business and property services, health and retail. Albury/Wodonga is a vibrant regional twin city located on the mighty Murray River. The combined population is close to 90,000 and delivers what is on offer in the big cities. Albury is self-sustaining and by any means is not reliant upon external influences of another large city or one particular industry. There is substantial transport infrastructure, and includes all the major national retailers, and fast food franchisers. There are two universities and several major shopping centres.

Albury's reputation as a fantastic place to live and work is just one of the factors that fuels demand for high quality residential development in the city and surrounding suburbs.

The total rent return $50,960. Great investment, with room for further rental increases

Features:
  • Air Conditioning
  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Double Garage
  • Secure Parking
Land:

1,087m² / 0.27 acres

Bedrooms:

10

Bathrooms:

5

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Suburb

Lavington

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