$435,000
4 Bed • 3 Bath • 4 Car • 1462m²
New
5 Mill Street, Wycheproof VIC 3527
$435,000
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What's around Mill Street
Rural Property description
“GREAT INVESTMENT PROPERTY - 7% RETURN ON INVESTMENT”
SELF CONTAINED UNIT PLUS DOUBLE BRICK VENEER HOME
BOTH CURRENTLY RENTED
* Great location - rentals always sort after in area
* Double Brick veneer home and a separate self-contained 1-bedroom unit
* 3,065m2 (3/4 acre) (approx.)
* Large open plan kitchen/living
* Stylish separate dining area with bay window
* Huge formal lounge area
* Large walk-in pantry
* 3 Bedrooms each with walk in robe, main bedroom with ensuite
* Large bathroom, with separate shower and corner spa
* Massive laundry
* Large double lock-up garage
* Double carport
* Central floor heating/ducted evaporative cooling
* Town water and a 22,000 litre rainwater tank
* Beautiful well-maintained garden
* Great position - walking distance to shops and amenities - 50 metre stroll to park
* UNIT- self- contained 1 Bedroom unit and small study
* Bathroom-shower/bath and separate toilet
* Kitchen/lounge
* Garden area
* Potentially has vehicle access via rear laneway
With rental properties in high demand this is a great opportunity for the astute investor.
* Rent out the home, yielding a generous positive return. The estimated total rent is $580+ per week for the house and unit, which represents ~7% yield.
* Choose the option of renting out either home or unit, and live in the other, with income to contribute to a mortgage.
* Use the self-contained unit for elderly parents that still want some independence.
Why not move in, live life at a better pace and start enjoying living in this beautiful property, nestled in a friendly district and with the benefits and beauty of rural living in the grand town of Wycheproof.
Property features
Air Conditioning
Built-in Robes
Living Areas: 2
Other features
Close to Schools, Close to Shops, Close to Transport, Heating, Rural HouseLand details
Documents
What's around Mill Street
Inspection times
Contact the real estate agent
Julie Benaim
Priority1 Property - Bendigo
Send an enquiry
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