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Offers Over $599,000
This fantastic investment property offers the perfect combination of solid construction, reliable tenancies, and an enviable location in the heart of Mundingburra. Set on a generous 803 sqm allotment, this block-built duplex presents an incredible opportunity to secure a low-maintenance, high-performing asset.
Property Features:
Solid Block Construction: Built to stand the test of time with low-maintenance appeal.
Two Spacious Units:
Unit 1: 2 bedrooms, 1 bathroom, 1 carport - Rented at $320/week (Lease expiry: July 2025).
Unit 2: 2 bedrooms, 1 bathroom, 1 garage - Rented at $270/week (Lease expiry: Early 2027).
This unit features a long-term tenant who takes exceptional care of the property.
Spacious Layouts:
Both units feature generous living areas, tidy kitchens, and great-sized backyards perfect for outdoor living or further enhancements.
Prime Location:
Nestled in the sought-after suburb of Mundingburra, this property is just moments from schools, shopping centers, parks, and public transport. Its central position ensures strong rental demand, making it an ideal investment opportunity.
Investment Highlights:
Combined rental income of $590/week, with reliable tenancies in place.
Low-maintenance, durable block build.
Ample backyard space offering potential for future upgrades or landscaping.
Highly desirable location with consistent tenant appeal.
Why Choose 61 Love Lane?
This property is a prime investment for those seeking strong returns and long-term growth in a high-demand area. With solid construction, dependable tenants, and an unbeatable location, it's a smart addition to any portfolio.
Don't miss out - contact us today to arrange a viewing of this outstanding duplex in Mundingburra.
463 Nepean Highway, Frankston VIC 3199
Call Jess Whaites on
0423398849
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