SaleMildura VIC 3500Other1 4/245 Ninth Street
Agency logo
Property image
Avatar of D. Click to visit the profile.
Damian Portaro
+ 61 0419838743
Set Your Budget Info icon
Save your budget
This helps us curate better property matches for you
Rank this property
Set Your Budget Info icon
Save your budget
This helps us curate better property matches for you
Rank this property

For sale

Block_of_units2mo

$720,000 - $780,000

1 4/245 Ninth Street, Mildura, VIC, 3500, Australia

6Bedrooms
4Bathrooms
4Carspots
Map of the surrounding area

About this Property

Discover the potential of Mildura's real estate market with this exceptional investment opportunity. Located on the west side of Mildura 245 Ninth St presents a collection of four well-maintained brick units, offering a blend of steady income and growth potential that astute investors seek.

Comprising two 2-bedroom and two 1-bedroom units, each property is individually titled, providing flexibility and options for your investment strategy. Currently generating a total annual income of $54,860, these units are rented at competitive rates ($270, $250, $255, and $280 per week), reflecting their strong appeal in the rental market.

While the units stand as a testament to solid, low-maintenance construction, there's ample room for enhancement. Investors have the unique opportunity to further improve and modernize these dwellings to increase rental yields or opt to maintain the current setup for a "set and forget" investment that continues to perform.

Located in a desirable west side location of Mildura, these units are not just buildings; they represent a gateway to financial growth and stability. With their strategic position, they offer easy access to local amenities, enhancing their attractiveness to potential tenants and ensuring a consistent demand.

Investing in 245 Ninth Street means securing a piece of Mildura's thriving rental market, where the potential for capital growth and rental income go hand in hand. This is more than an investment in property; it's an investment in the future.

Statement of Information

View Statement of Information

In compliance with Estate Agents Act 1980

Agency logo
Avatar of D. Click to visit the profile.

Damian Portaro

start icon5.0(578 reviews)
Ray White Mildura
+ 61 0419838743
Download the mobile app to get instant updates
Apple AppStoreGoogle PlayStore

Calculate your home loan repayments

Download the mobile app to get instant updates
Apple AppStoreGoogle PlayStore

More Details on 1 4/245 Ninth Street, Mildura VIC

How many bedrooms and bathrooms does 1 4/245 Ninth Street, Mildura have?

arrow

1 4/245 Ninth Street, Mildura is a 6 bedroom, 4 bathroom block_of_units.

Who is the agency that listed 1 4/245 Ninth Street, Mildura?

arrow

The agency who listed 1 4/245 Ninth Street, Mildura is Ray White Mildura - you can contact the agents here.

How many car spots does 1 4/245 Ninth Street, Mildura have?

arrow

1 4/245 Ninth Street, Mildura is a 4 car spot home.

How much is 1 4/245 Ninth Street, Mildura?

arrow

The price of 1 4/245 Ninth Street, Mildura is $720K - contact the agents to find out more.