$1,035,000
8 Bed • 4 Bath • 4 Car • 1012m²
New
Sold
Sold
1-4/393 Urana Road, Lavington NSW 2641
$1,035,000
- 8Bed
- 4Bath
- 4 Car
- 1012m²
Block of Units Sold on Fri 17 May, 2024
What's around Urana Road
Block of Units description
“PRIME INVESTMENT OPPORTUNITY”
Discover an enticing investment opportunity at 1-4/393 Urana Road, Lavington. This property presents a "set and forget" investment with four units, each offering a comfortable living space, strategic location, and promising rental potential.
This immaculate property comprises four individual units, each featuring two bedrooms, one bathroom, an open-plan kitchen/living/dining area, as well as a convenient carport for each unit. The thoughtful design ensures a harmonious balance between functionality and comfort.
Updates have recently been carried out across the property and include items such as new flooring, fresh paint, bathroom vanities, and shower screens.
All four units are currently under lease agreements, providing a steady and reliable source of income. The current rental appraisal for each unit stands at $300 per week. With a potential rental yield of 5.83%, investors can anticipate a solid return on investment. This promising figure is indicative of the property's capacity to generate substantial income relative to its current market value.
1-4/393 Urana Road enjoys a strategic location within walking distance of Lavington Plaza, supermarkets, medical facilities, schools, and more. This accessibility not only enhances the property's market appeal but also ensures convenience for tenants, contributing to the property's overall desirability.
Don't miss the chance to capitalize on the growing demand in Lavington's real estate market and secure your position in this prime investment opportunity.
Please note the flooring in unit 1 has been updated with carpet.
Property features
Living Areas: 4
Toilets: 4
Land details
Property video
Can't inspect the property in person? See what's inside in the video tour.
Interactive media & resources
What's around Urana Road
Contact the real estate agent
Lexley Sewell
First National Real Estate - Bonnici & Associates
Send an enquiry
Nearby schools in and around Lavington, NSW
Top reviews by locals of Lavington, NSW 2641
Discover what it's like to live in Lavington before you inspect or move.
Discussions in Lavington, NSW
Wondering what the latest hot topics are in Lavington, New South Wales?
Similar Block of Units for sale in Lavington, NSW 2641
Properties for sale in nearby suburbs
- 8
- 4
- 4
- 1012m²