1-10/65 Alexander Avenue
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About this property
What an excellent opportunity for the astute investor to add to your investment portfolio. Rarely does a block of 10 modern architectually designed units, on one title, with this rental return come onto the market. This property returns $3000.00 per week or $ 156,000.00 per annum. The current owners are reluctantly selling these units, which have provided them a great investment return for years. Each unit has 1 bedroom, large open plan living/kitchen/dining area, with individual secure garage. These units have constantly demonstrated an excellent occupancy rate and returns for the owner. Each unit is "as new" and features modern amenities including, stunning kitchen, gas stainless steel freestanding oven, dishwasher, tiled dining area with the convenience of a split system. The bathroom has modern tiles, oversize shower, vanity and toilet. Each low maintenance unit has a private rear courtyard, with a pergola, rainwater tank and low maintenance landscaping plus a secure lock up garage. These units have constantly demonstrated an excellent occupancy rate, with good long-term tenants. Land area: 2614 m2. This property is situated in a quiet well established area of town, surrounded by quality properties. This property won't last long, so please give me a call if you would like further information. Nola 0418 504 855 Residential Tenancy: The Vendor (and Agent) do not in any way make a representation that this property is compliant with the provisions of The Residential Tenancies Amendment Act 2018 (Vic)('the Act') and the Residential Tenancies Regulations 2021 (Vic)('the Regulations'). If the property is to be used as a rental property, the purchaser should make independent enquiries in regards to the suitability of the property and its compliance with the Act & Regulations. Important links for buyers: https://www.consumer.vic.gov.au/housing/renting/repairs-alterations-safety-and-pets/minimum-standards/minimum-standards-for-rental-properties https://www.consumer.vic.gov.au/housing/buying-and-selling-property/buying-property/inspect-properties-before-you-buy https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 10
- Bathrooms
- 10
- Parking
- 10
- Land Area
- 2614 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Horsham
This 10-bedroom land in Horsham, VIC 3400 sits within reach of public transport, local shops and nearby schools. It is listed 1029% above the $310,000 median of 83 comparable landswithin 5 km.
Schools near Horsham
- Horsham Special Schoolcombined · U · CoEd
- Wimmera Lutheran College - Horsham Campuscombined
- Horsham Primary Schoolprimary · Prep-6 · CoEd
- Horsham West and Haven Primary Schoolprimary · Prep-6 · CoEd
- St Michael and John's Primary Schoolprimary · Prep-6 · CoEd
- Horsham Collegesecondary · 7-12 · CoEd
What's nearby
- Wavell St/Kalkee Rd (bus) — 504 m away
- Horsham AutoTech — 1.2 km away
- Unnamed — 569 m away
- Dudley W Cornell Park — 616 m away
- Unnamed — 1.1 km away
Horsham at a glance
Full suburb profile- Population
- 15,134
- Median age
- 40
- Household income
- $1,294/wk
- Median rent
- $245/wk
- Median mortgage
- $1,187/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Horsham price trend
Median sold · House 3 bed
Compound growth +6.4% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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