Price Undisclosed

5 Bed  •  2 Bath  •  2 Car  •  774m²

Main view of Homely block of units listing, 1-2/2 Parkwood Way, Traralgon VIC 3844
Floorplan of Homely block of units listing, 1-2/2 Parkwood Way, Traralgon VIC 3844
Second view of Homely block of units listing, 1-2/2 Parkwood Way, Traralgon VIC 3844
+21

Sold

1-2/2 Parkwood Way, Traralgon VIC 3844

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Price Undisclosed

  • 5
  • 2
  • 2
  • 774m²

Block of Units Sold on Fri 18 Aug, 2023

What's around Parkwood Way

Block of Units description

“Unveiling an Unparalleled Investment Opportunity: 1-2/2 Parkwood Way, Traralgon”

Unit 1:
This unit boasts 3 spacious bedrooms that are flooded with abundant natural light.
Currently leased at $350 per week, it provides immediate rental income.
The estimated market rent for this unit is approximately $360 per week.
The well-sized main bathroom includes a stand-up shower, bathtub, and a separate toilet with its own access.
The functional kitchen offers ample storage space, modern gas cooking facilities, and an adjacent meals area.
The open plan living areas are complemented by a split system air-conditioning unit.
The fully fenced, low maintenance backyard provides a hassle-free upkeep experience.
Convenient undercover car parking is available for added convenience.
Located in Traralgon's West End, it is close to schools and sporting facilities, enhancing its appeal.

Unit 2:
This unit features 2 spacious bedrooms, offering comfortable living spaces.
It is currently leased at $240 per week, generating a steady stream of rental income.
The estimated market rent for this unit ranges from $300 to $320 per week, providing potential for increased returns.
Similar to Unit 1, it includes a well-sized main bathroom with a stand-up shower, bathtub, and a separate toilet.
The functional kitchen is equipped with modern gas cooking facilities and offers ample storage.
An open plan living area creates a welcoming atmosphere.
Like Unit 1, it also benefits from a split system air-conditioning unit.
The fully fenced backyard requires low maintenance, ensuring a hassle-free living experience.
Convenient undercover car parking is available, enhancing convenience for residents.

Combined Investment Opportunity:
This investment opportunity is ideal for first home buyers or savvy investors.
The combined weekly rental income from both units is approximately $590 per week, providing a strong cash flow.
With potential for an estimated market rent of $660 to $680 per week, there is room for increased returns in the future.

Land details

Area: 774m²

Documents

Statement of Information: View

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Third view of Homely block of units listing, 1-2/2 Parkwood Way, Traralgon VIC 3844View more
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Contact the real estate agent

Simon Burns

First National Real Estate - Latrobe

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1-2/2 Parkwood Way, Traralgon VIC 3844
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