1-4/245 Ninth Street, Mildura VIC 3500

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.