$900,000

9 Bed  •  9 Bath  •  9 Car  •  1226m²

Main view of Homely block of units listing, 5-7 Cameron Avenue, Mildura VIC 3500
Floorplan of Homely block of units listing, 5-7 Cameron Avenue, Mildura VIC 3500
Second view of Homely block of units listing, 5-7 Cameron Avenue, Mildura VIC 3500
+11

Sold

5-7 Cameron Avenue, Mildura VIC 3500

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$900,000

  • 9
  • 9
  • 9
  • 1226m²

Block of Units Sold on Thu 21 Mar, 2024

What's around Cameron Avenue

Block of Units description

“Prime investment opportunity in Mildura's West side!”

Sale by Set Date® Tuesday 12 March 2024 at 5pm (unless sold prior).

Discover the potential of this unique property nestled on approximately 1226m2 with a single title, strategically positioned in a sought-after west side location. Boasting nine 1-bedroom units with open-plan living, this investment guarantees consistent demand and robust returns.

The property presents an exciting prospect for refurbishment, providing scope to enhance rental returns and capitalize on the flourishing Mildura rental market. Situated mere moments from Mildura's CBD, tenants will enjoy affordability and a convenient lifestyle.

A secure investment awaits, offering an impressive gross return of over 8%. With average rentals ranging between $185 and $200 per week, this opportunity promises not only financial stability but also the potential for substantial growth.

Seize this chance to invest wisely in a property that not only ensures strong returns but also holds immense potential for value appreciation. Act now and secure your position in Mildura's flourishing real estate landscape!

Property features

toilets

Toilets: 9

Land details

Area: 1226m²

Documents

Statement of Information: View

Interactive media & resources

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5-7 Cameron Avenue, Mildura VIC 3500
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