3/562 Union Road, Lavington

LAVINGTON - Attention Investors - 5% Net Return!!

Welcome to an exceptional investment opportunity situated in the heart of Lavington CBD. This meticulously maintained ground-floor unit not only boasts a prime location but also features an exemplary tenant and a robust rental history, making it a prime choice for discerning investors.

This two-bedroom unit showcases a spacious lounge room equipped with both heating and cooling systems, ensuring year-round comfort for its occupants. The functional kitchen offers ample storage space, streamlining daily living.

Adding to the convenience, a dedicated single carport provides hassle-free parking. The property's strategic location guarantees easy access to amenities and a short commute to either Lavington or Albury CBD, enhancing its appeal for potential tenants.

Currently fetching an impressive $290.00 per week in rent, with a scheduled increase to $300.00 per week in May 2024, this property yields an approximate return of 5.9% - 6.1%. With a reliable tenant in place and a robust rental history, this investment promises both stability and growth potential.

Whether you are a seasoned investor or a first-time buyer, this property offers a dependable income stream and a robust addition to your portfolio. Seize the opportunity to secure this ideal investment property.

Property Features:
• Two bedrooms, both with built-in robes
• Spacious loungeroom with heating and cooling
• Functional kitchen with electric cooking and ample storage
• Combined bathroom and laundry with a separate toilet
• Single carport accommodation
• Secure tenancy until February 2025 and strong rental history

For more information or to schedule a viewing, please contact Nicholas Hess at 0407 815 750.

features

  • Living Area
  • Air Conditioning
  • Built-ins
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Heating
  • Small Block

overview

  • 1P20089
  • $252,500
  • Unit
  • For Sale
  • 3/562 Union Road Lavington NSW
  • 2
  • 1
  • 1
  • 1
  • $852 Per Year
  • $743 Per Year