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688 Kiewa Street

Albury, NSW 2640, Australia
$485,000
8 bed 4 bath 4 car

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Area Price Guide
$455,900$514,100

Indicative price guide range

🏘️
65
Comparable
📊
$695,000
Area median
⚖️
-30%
vs median
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Positioned in one of Albury's most tightly held and sought after central pockets, just a short stroll to Dean Street and the heart of the CBD, this four unit complex presents a rare opportunity to secure reliable income in an unbeatable location. Moments from shopping, leading schools, cafes, parks, and transport, the property offers outstanding convenience and long-term capital growth potential. Fully tenanted and delivering consistent returns, this is a genuine set-and-forget investment. Each unit comprises two bedrooms, a bathroom, one carport, and a storage shed, ensuring strong tenant appeal with minimal ongoing maintenance. Current rents range from $270 to $380 per week, with units varying from well-maintained originals with fresh paint and updated carpets to fully renovated turnkey units featuring modern kitchens, bathrooms, and split systems. Overall rental potential exceeds current income, reflecting the quality of improvements and recent market growth. The current rental income has room for growth, offering investors the chance to boost returns. Recent upgrades across the complex further enhance both value and rental appeal, including fresh paint, new carpets, updated kitchens and bathrooms, split system heating and cooling, and one fully renovated unit completed in May 2025 with modern fixtures, appliances, and finishes only 12 months old. With quality tenants, secure income streams, a solid, low-upkeep build, a blue-chip central location, and strong potential for rental growth, this is a rare opportunity to secure a high-performing investment in the heart of Albury. For more information, please call Michael on 0402 052 272.

Property Features

    View full listing on Domain

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    Repayment calculator

    $2,351/month
    $1,176 /fortnight
    Loan $388,000 at 6.10% over 30 years

    Upfront costs

    Deposit$97,000
    Stamp duty$13,887
    Conveyancing (est.)$2,000
    Total upfront$112,887
    Verify with NSW revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Bedrooms
    8
    Bathrooms
    4
    Parking
    4
    Listed
    2 months ago

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