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Albury, 1-4/652 Kiewa Street

Central Albury Units, Fantastic Investment!

Price on Application

  • 6
  • 4
  • 4
  • 2
  • Listing Number: LWO5258
Property Information
CENTRAL ALBURY UNITS, FANTASTIC INVESTMENT!
AND part-proceeds from sale go to local charity, 'Carevan Foundation'.

The evolution of 652 Kiewa Street, Albury has been nothing short of staggering.

This central Albury block of units, in one of Albury's most sought-after tree-lined streets, has been completely transformed. Consisting of 2 x two bedroom units and 2 x one bedroom units.

The units have all been superbly renovated throughout with new floor coverings, fresh paint, great kitchen & cooking facilities, and freshly updated bathroom/laundry and toilet areas. All units have split system heating & cooling to keep occupants comfortable across all seasons. Each unit has its own outdoor living area for enjoyable living.
Private undercover off street parks for each unit are tucked away at the rear of the property, accessible from entrance off side street. An additional two common car parks are also available onsite.

Only minutes walk to the heart of Albury CBD, major shopping centres, all levels of schooling (both private & GOVT), medical facilities, large government and private companies/organisations, and the Arts & Entertainment Centre. The location is highly desirable for anyone with an interest in Albury food, wine, dining & entertainment.

Albury Wodonga has had a steady annual capital investment growth rate. Rental properties within the area enjoy vacancy rates of less than 2%.

Already strata-titled, this block of units can be purchased as a whole (4 units) or singularly (1 unit).

For investors there are 2 real investment options;

* Residential tenancy long term, which will show a solid return in excess of 6% yield pa
* Residential furnished short/medium/long term property leasing, which at 70% occupancy will easily show a return in excess of 8% yield pa

The units, due to their location and superb facilities, will ensure they are ideally suited to start as a short/medium/long term furnished apartment. Owners should expect extremely high occupancy rates for all the reasons listed.

There is nothing left to do, all renovations have been undertaken at a very high standard. The new owner would simply need to advertise and commence getting a prodigious return on investment.

Please contact Craig on 0488 494 873 for information regarding this exciting opportunity, area & property profile available upon request.
Property conditionRenovated
Property TypeBlock of units
Garaging / carparkingOpen carport, Off street
Outdoor livingBBQ area
Land contourFlat
GroundsTidy
LocalityClose to shops, Close to schools, Close to transport

Contact Details

Harcourts Wodonga

5/149 High St
Wodonga
Office website

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