$597,500

4 Bed  •  2 Bath  •  2 Car  •  847m²

Main view of Homely block of units listing, 1 & 2/579 Mair Street, Lavington NSW 2641
Second view of Homely block of units listing, 1 & 2/579 Mair Street, Lavington NSW 2641
Third view of Homely block of units listing, 1 & 2/579 Mair Street, Lavington NSW 2641
+16

Sold

1 & 2/579 Mair Street, Lavington NSW 2641

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$597,500

  • 4
  • 2
  • 2
  • 847m²

Block of Units Sold on Thu 26 Sep, 2024

What's around Mair Street

Block of Units description

“STRONG RENTAL INCOME | SCOPE FOR FUTURE DEVELOPMENT (STCA)”

Located in a quiet cul-de-sac and offering easy access to Lavington services, this complex of two, 2-bedroom units presents a wonderful investment opportunity.

Offering a $650 per week ($33,800 per annum) combined rental income on fixed tenancy agreements, the property includes the two units plus additional land area to consider a third property development, subject to Council approval.

Neatly presented, each unit offers:

- Two spacious bedrooms with built-in robes
- Well sized kitchens with electric cooking.
- Open plan lounge areas with gas heating and air conditioning.
- Comfortable bathroom / laundry facilities.
- Single carport accommodation plus garden shed storage for Unit 2.
- Outdoor courtyard areas and large enclosed yard for Unit 2.
- Each unit has had paint and carpet renewed in the past couple of years.
- Land size of approximately 847m2.

Now is a strategic time to secure an investment such as this as the yield will only improve.

Council Rates: $1,949.30 approximate per annum.
Water Rates: $855.25 approximate per annum plus consumption.

Land details

Area: 847m²
Fourth view of Homely block of units listing, 1 & 2/579 Mair Street, Lavington NSW 2641View more
Fifth view of Homely block of units listing, 1 & 2/579 Mair Street, Lavington NSW 2641View more

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1 & 2/579 Mair Street, Lavington NSW 2641
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