1 4/6 Charles Street, Wodonga, VIC, 3690, Australia

This block of units in Wodonga presents an excellent investment opportunity, particularly given its prime location and solid rental returns.
Here are some key highlights:

Property Overview:
* Location: Central Wodonga, less than 1km from Junction Place development and Wodonga Plaza shopping precinct.
* Lot Size: 837m² (approx).
* Units:
1 x 3 bedroom unit with gas cooking.
3 x 1 bedroom units with electric cooking.
* Construction: Brick, solidly built.
* Current Rental Return: Approximately 6.5% gross on the marketing price, currently returning $960 per week and increasing to $1,040 per week in October 2024.
Features:
* Heating and Cooling: All units have split system heating and cooling.
* Parking: Allocated carports for all units with 2 separate driveways, and ample on-street parking.
Investment Benefits:
* Location: Proximity to key amenities in a major regional centre.
* Meters: All units have individual electricity meters and only 1 water meter paid by the Landlord.
* Tenancy: Long-term tenants providing stable rental income.
* Growth Potential: Wodonga is a rapidly growing regional hub, making this a promising future investment.
* Council Rates: $3,802.00 per annum, water approx $517.13 per quarter. Building insurance paid in 2023 was $2,159.40. Total outgoings are $8,030.42 (approx)

* Please note the photos shown are of the front unit 1 which is a 1 bedroom unit and the rear Unit 4 which has 3 bedrooms.