Sold

SOLD

4/421 Bevan Street, Lavington

INVESTMENT OPPORTUNITY WITH TENANT IN PLACE

  • 2
  • 1
  • 1
  • 145 sqm

4/421 Bevan Street, Lavington is an excellent opportunity for those who are looking for a well-maintained and conveniently located unit. The property is situated in a prime location, just a stone's throw away from the bustling Lavington Plaza, providing easy access to a wide range of shopping and dining options.

In addition to the proximity to the Lavington Plaza, the property is within walking distance to a range of amenities, including public transport, medical facilities, and recreational parks. The location is also ideal for families with school-going children, with both Primary and Secondary schools situated in close proximity.

The unit itself boasts two comfortable-sized bedrooms, the central bathroom which is neat and functional, and a separate laundry. The large open-plan living and dining area is perfect for entertaining guests or simply relaxing with family and friends, with the split system heating and cooling providing year-round comfort.

A single garage is also included, providing secure off-street parking for your vehicle.

Currently tenanted on a month-to-month basis, if the property was to be purchased by an investor, the tenants would be interested in extending their lease for at least another 12 months. The updated rental appraisal indicates the weekly income could reach $270-$290 per week, yielding an impressive 5.55% on average.

Overall, 4/421 Bevan St, Lavington is a fantastic opportunity to secure a neat, solid asset. The location, coupled with the features of the unit, make it an excellent property for first-home buyers, investors, or anyone seeking a low-maintenance lifestyle in a highly desirable location.