1-4/13 Flood Street, Bendigo VIC 3550

Proximity to major infrastructure is an important consideration when purchasing an investment property making this development a lucrative choice.

Located a stone's throw from the hospital, this neat unit complex is an attractive investment opportunity for canny investors or retirees looking to put their superannuation to work.

On one title, the property consists of three single bedroom units and one two-bedroom unit at the rear. They are surrounded by neat, low-maintenance landscaping and all currently leased to reliable tenants showing an annual return of $40,560 ($780 per week). Rising to $41,860 per annum ($805 per week)

The 3 x 1 bedroom units each feature a carpeted living room with split system air conditioning, a single bedroom with a built-in robe and kitchen equipped with gas cooking, good storage and an island breakfast bar. The bathroom includes a shower, vanity and WC, seperate laundry. Each unit has a carport opposite the front door with two spares for visitors or you could rent these out to achieve more rent.

The larger rear unit at the rear offers two bedrooms, two bathrooms, spacious living/dining and kitchen with gas/electric cooking and ample bench and cupboard space. It includes a tandem carport, neat rear yard with a garden shed and large seperate workshop.

Set on land approx 1025m² it's ideally located a three-minute walk to the hospital and a 4-minute drive to the CBD or Lake Weeroona.

Keep them all as an investment or live in one and rent out the rest

The prominent position is the key to success here – better be quick!

Three x 1 Bedroom and One x 2 bedroom Units.
Rent
Unit 1 $165 PW increasing to $180 PW from 16 Jul 21
Unit 2 $ 180 PW
Unit 3 $ 180 PW
Unit 4 $ 255 PW increasing to $265 PW from 09 Jul 21
Current total $40,560 PA, From 16 Jul 21 $41,860 PA

'FOR ONLINE ENQUIRIES PLEASE INCLUDE FULL NAME, CONTACT PHONE NUMBER & EMAIL ADDRESS'