Located at 4/2-4 Kurewa Street in Tallangatta, this compact one-bedroom, one-bathroom unit presents a unique investment opportunity for those seeking to enter the property market. Currently leased for $190 per week and with a purchase price of $179,000, the potential yield of 5.52% is highly attractive. Considering that a tenant is already in place and wishes to extend their lease, there is immediate cash flow from rental income.
This unit is part of a block of 8 units, offering off-street parking and situated in a peaceful country town.
Despite its tranquil location, Tallangatta boasts a large array of amenities, including a supermarket, two pubs, a service station, primary and secondary schools, daycare facilities, a bakery and cafes, a pharmacy, and much more. This makes it an ideal location for both permanent residents and renters alike.
Being only 30 minutes to the Wodonga CBD and with the quiet country-town atmosphere this location is highly desirable!
Call now to secure your inspection!