4/44 Commercial Street
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About this property
Katrina Wootton, Sales Agent & Marketing Specialist at Ray White Mildura, proudly presents an outstanding investment opportunity with immediate rental returns. This neat brick veneer unit presents an outstanding opportunity. With a long term tenant already in place paying $335 per week, this is the ideal set-and-forget investment offering consistent income from day one. Designed for low maintenance living, the home features two comfortable bedrooms, a central bathroom, open plan kitchen, dining and living area, plus a single car accommodation. Outside, you'll appreciate the private yard along with the added bonus of rear lane access, providing extra convenience and flexibility rarely found in unit living. Positioned just moments from the heart of Merbein, everyday amenities are all within easy reach. Local supermarkets, cafés, medical services, Merbein P-10 College, sporting facilities and community services are all nearby, making this an attractive location for long term tenants seeking convenience and lifestyle. Whether you're expanding your investment portfolio, entering the property market or looking for a secure income-producing asset, this property ticks all the boxes. With solid construction, an established tenancy and a sought-after location, opportunities like this continue to be in high demand. Secure your investment today and enjoy the benefits from settlement.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 169 m²
- Listed
- Yesterday
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Neighbourhood
Living in Merbein
This 2-bedroom apartment in Merbein, VIC 3505 sits within reach of public transport, local shops and nearby schools. It is listed 31% below the $380,000 median of 59 comparable apartmentswithin 5 km.
Schools near Merbein
- Merbein P-10 Collegecombined · Prep-10 · CoEd
- Our Lady of the Sacred Heart Schoolprimary · Prep-6 · CoEd
What's nearby
- Merbein Terminus (bus) — 326 m away
- Tasty Takeaways — 220 m away
- Apex Civic Park — 135 m away
- Bildstien Park — 242 m away
- O’Bryan Street Playground — 539 m away
Merbein at a glance
Full suburb profile- Population
- 2,770
- Median age
- 44
- Household income
- $1,147/wk
- Median rent
- $210/wk
- Median mortgage
- $1,025/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Merbein price trend
Median sold · House 3 bed
Compound growth +16.1% / yr over 4 yrs
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Full Merbein marketThis listing
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Listing price changes
1 price change recorded for this property
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