104a Lylia Avenue, Mount Clear VIC 3350

$530,000 - $550,000

2 beds

2 baths

1 parking

Two Units. One Title. Two Income Streams.

An outstanding opportunity for investors, this unique property presents two well-appointed one-bedroom units on a single title, both currently leased and providing a combined rental income of $670 per week.

Unit 1 is leased at $320 per week, while Unit 2 is leased at $350 per week, delivering an immediate and reliable dual income stream from one property.

Both units offer functional, low-maintenance layouts with fresh, neutral interiors and a selection of modern comforts, including split-system heating and cooling, dishwashers, electric cooktops and electric ovens.

Perfectly positioned for tenant appeal, the property is located close to Federation University, Midvale Shopping Centre, recreational facilities and Ballarat's CBD, placing everyday amenities and employment, education and lifestyle options within easy reach.

With both units securely leased, a combined rental return of $670 per week and the added flexibility that comes with owning two dwellings on one title, this is an opportunity that deserves serious consideration from investors seeking to strengthen their portfolio.

Property Features:

Two one-bedroom units on a single title
Both units currently leased
Unit 1 leased at $320 per week
Unit 2 leased at $350 per week
Combined rental income of $670 per week
Split-system heating and cooling to both units
Dishwasher, electric cooktop and oven
Fresh, neutral interiors
Close to Federation University and Midvale Shopping Centre
Minutes to Ballarat CBD and local amenities

Property Details

• Type: BlockOfUnits
• Bedrooms: 2
• Bathrooms: 2
• Carport Spaces: 1
• Land Area: 807 m² (approx)