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Sold
Block_of_units
SOLD on Oct 2023
$1,160,000
115 Havlin Street East, Flora Hill, VIC, 3550, Australia
2
1
1
1270 m²
Nearest stations
Bendigo
1.5KM (18 mins)
About this Property
This is a real opportunity to buy all four, increase your income on the existing rental returns and update the units to add even stronger rental returns and re-sale value!!
Positioned along Back Creek in sought-after Havlin Street East is this four unit complex situated on 1271m2 with plenty of scope to value-add, extend or develop STCA, or keep the wonderful tenants there and enjoy the current returns on offer.
The position is perfect, you are a walk to La Trobe University, you can walk along the creek tracks to Bendigo (or drive in two minutes), it is a lovely part of Flora Hill being very private and peaceful, handy to schools, shops and transport.
The units are all currently rented to great tenants, they each have the same floor plan (or mirrored) and have different levels of improvements.
The units are available as a whole or can be sold individually or as a smaller group.
All have two carpeted bedrooms with built-in-robes, a lounge with smaller meals space (to fit a four-person table) and kitchen. The kitchen boasts an upright cooker, ample bench space, range hoods and a window.
They are cream brick with a tiled roof and have air conditioning.
There is great scope to value-add here with updates and improvements and re-assessing rental market value (we have updated estimates you can download on this page).
Unit 1
$210pw periodic long-term tenant
Lock-up garage and secure rear yard, front unit.
Current market rent appraisal $330pw
Unit 2
$230pw periodic with long-term tenant (6+yrs)
Partially updated bathroom.
Current market rent appraisal $320pw
Unit 3
$330pw periodic with long-term tenant
Mostly updated inside and in good order.
Current market rent appraisal $330pw
Unit 4
$195pw periodic with long-term tenant (15+yrs)
Almost original inside, some extra privacy and vehicle space.
Current market rent appraisal $320pw
For a full run-down, please contact the selling agents
Positioned along Back Creek in sought-after Havlin Street East is this four unit complex situated on 1271m2 with plenty of scope to value-add, extend or develop STCA, or keep the wonderful tenants there and enjoy the current returns on offer.
The position is perfect, you are a walk to La Trobe University, you can walk along the creek tracks to Bendigo (or drive in two minutes), it is a lovely part of Flora Hill being very private and peaceful, handy to schools, shops and transport.
The units are all currently rented to great tenants, they each have the same floor plan (or mirrored) and have different levels of improvements.
The units are available as a whole or can be sold individually or as a smaller group.
All have two carpeted bedrooms with built-in-robes, a lounge with smaller meals space (to fit a four-person table) and kitchen. The kitchen boasts an upright cooker, ample bench space, range hoods and a window.
They are cream brick with a tiled roof and have air conditioning.
There is great scope to value-add here with updates and improvements and re-assessing rental market value (we have updated estimates you can download on this page).
Unit 1
$210pw periodic long-term tenant
Lock-up garage and secure rear yard, front unit.
Current market rent appraisal $330pw
Unit 2
$230pw periodic with long-term tenant (6+yrs)
Partially updated bathroom.
Current market rent appraisal $320pw
Unit 3
$330pw periodic with long-term tenant
Mostly updated inside and in good order.
Current market rent appraisal $330pw
Unit 4
$195pw periodic with long-term tenant (15+yrs)
Almost original inside, some extra privacy and vehicle space.
Current market rent appraisal $320pw
For a full run-down, please contact the selling agents
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+ 61 0417 537 251
Simon Dean
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+ 61 0403 684 830
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More Details on 115 Havlin Street East, Flora Hill VIC
How many bedrooms and bathrooms does 115 Havlin Street East, Flora Hill have?
115 Havlin Street East, Flora Hill is a 2 bedroom, 1 bathroom block_of_units.
Who is the agency that listed 115 Havlin Street East, Flora Hill?
The agency who listed 115 Havlin Street East, Flora Hill is PH Property - you can contact the agents here.
How many car spots does 115 Havlin Street East, Flora Hill have?
115 Havlin Street East, Flora Hill is a 1 car spot home.
How much is 115 Havlin Street East, Flora Hill?
The price of 115 Havlin Street East, Flora Hill is $1,160,000 - contact the agents to find out more.