Price Undisclosed

4 Bed  •  2 Bath  •  2 Car  •  892m²

Main view of Homely unit listing, Unit 1 & 2/123 Murray Valley Highway, Lake Boga VIC 3584
Second view of Homely unit listing, Unit 1 & 2/123 Murray Valley Highway, Lake Boga VIC 3584
Third view of Homely unit listing, Unit 1 & 2/123 Murray Valley Highway, Lake Boga VIC 3584
+15

Sold

Unit 1 & 2/123 Murray Valley Highway, Lake Boga VIC 3584

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Price Undisclosed

  • 4
  • 2
  • 2
  • 892m²

Unit Sold on Wed 10 May, 2023

What's around Murray Valley Highway

Unit description

“Prime Redevelopment Site with Investment Income”

Includes 2 x 2 bedroom maisonettes with lake views

Living only 10 or 15 minutes from your workplace, your recreation, your shopping experience and your education institutions makes for an easy, convenient lifestyle and that is something we all aspire too.

However, your life suddenly becomes exquisite if you also have the privilege of living on the shores of one of regional Australia's best regarded inland freshwater lakes. Life becomes even more privileged if you happen to live on the west side of that lake with your back to the sun and the prevailing wind on the rare days that they are stronger than just gentle breezes.

Sounds more than an ideal location to build your "forever" home, and generally the only real impediment is the rare availability of such a unique location.

123 Murray Valley Highway Lake Boga is wedged between the inviting waters of Lake Boga and the easy access to Lake Boga township facilities and nearby Swan Hill, 10 minutes away with its regional city facilities, via the Murray Valley Highway.

This 892 square metre block enjoys a 20.3 metre frontage to the highway and 20.5 metre view to the lake, and represents an amazingly appealing homesite for those fortunate few who have the capacity to acquire such a site.

However, this is not just a brilliant piece of land, it also provides an immediate return on the capital investment from the two concrete block maisonette units erected on the lakeside frontage.

The two bedroom maisonette units on the land are a mirror image of each other separated by a common wall. Across the lake frontage of each home is an open plan kitchen/living area - with two bedrooms behind, along with a bathroom, toilet and access passage to the spacious yard.

Each unit is presently occupied by well-settled tenants and who both would like to remain living at the property (and who could blame them) but of course that is in the hands of its next owner.

Certainly, should the next owner wish to retain the two units, that might require some capital investment to upgrade the buildings to more contemporary standards, however they are very comfortable in their present form but would respond well to a makeover program.

Blocks along this preferred west side of the lake have been developed ever since the establishment of the township and that was for very good reasons - the orientation to the sun was ideal, the flat topography make living and construction easy and its proximity to not only the highway but earlier, to the Swan Hill to Melbourne rail line, made travel easy.

All things are possible with this remarkable site and it could all be yours. The property is for sale by Expression of Interest with this process closing on Monday May 8th, with the selling agents, LJ Hooker Swan Hill.

Contact office principal John Monahan on 0427 292 965 for more information and an inspection.

Land details

Area: 892m²

Property video

Can't inspect the property in person? See what's inside in the video tour.

Fourth view of Homely unit listing, Unit 1 & 2/123 Murray Valley Highway, Lake Boga VIC 3584View more
Fifth view of Homely unit listing, Unit 1 & 2/123 Murray Valley Highway, Lake Boga VIC 3584View more

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Unit 1 & 2/123 Murray Valley Highway, Lake Boga VIC 3584
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