$ 620,000.00
23A Thomas Mitchell Drive Wodonga VIC 3690
$620,000
Located in a prime area of Wodonga sits this perfect investment property. With two separate residences side by side, this 1950s-built property has buckets of character and an excellent rental return. With the option of purchasing the two properties together or separately, the choice is yours!
As you walk to the front of the property, the joint patio area has a door to each home. While under the same roofline, each home has its own separate yard area and car parking. The front house has two bedrooms, one bathroom and an updated kitchen. The bathroom has the original art deco-style bath and pedestal basin. Ornate cornices, original wooden floorboards and window frames give the home charm and character. Split systems keep the home comfortable year-round. Currently tenanted for $260 per week and priced at $310,000, there is the option to purchase this home individually.
The second home is at the back of the block and includes rear yard access from Mitchell Street. It also contains two bedrooms, one bathroom and the same original 1950s wood floors and window frames as the first home. Currently tenanted at $280 and also priced at $310,000, the choice is yours to buy separately or both for $620,000.
For those looking for a central location for their a larger home, there is also the choice of purchasing the separate titles and merging them to create one larger block.
With great rental return potential, this duplex property is a great investment opportunity. Individually the properties are also at a great entry-level price for the first home buyer to get their foot in the market.
