Outstanding Investment Opportunity

201-215/149-157 Thirteenth Street, Mildura, 3500

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Contact for PriceFor Sale
  • Ownership Type Apartment
  • Property Area 0 sqft
  • Bedrooms 18
  • Bathrooms 10
  • Furnished No
  • Last Updated 3rd Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Open Spaces: 12
  • Air Conditioning
  • Built-in Wardrobes

Property Overview

On offer is a group of 10 fully furnished apartments all located together on the first floor with elevator access and ample parking.

All securely leased until September 2025 as a group for professional staff accommodation.

Returning a rental income of $166,400 per year providing a potential return of over 8% per annum makes for an astute investment.

The package consists of:
6 x 60m2, 2-bedroom, 1-bathroom apartments
2 x 85m2, 2-bedroom, 2-bathroom apartments
2 x 62m2, 1-bedroom 1-bathroom apartments

Rent - $3,200 per week

Outgoings:
Council Rates - $15,000
Water Rates: $1,750 per quarter
Owners Corporation: $11,000 per year


"The Old Mildura Base Apartments"

Formerly the Mildura Base Hospital, this 3 storey extraordinary Art Deco piece of Architecture has been meticulously transformed to meet modern day lifestyles.

The transformation is nothing short of impressive and offers the City of Mildura the next generation of apartment living.

The inner city lifestyle seems to be the current trend and the new Mildura Base Hospital apartments truly capture this vibrant culture, where there is always something to do.

Developed to a very high standard with quality fittings throughout, these stylish apartments feature light and open floor plans and comprising a mixture of 63 x one, two and three bedroom modern apartments, some with balconies, some two bathrooms, some with studies, all with ample parking - and sustainable living with lower energy costs.

Its prestige inner city Westside location will make these outstanding apartments highly desirable.

Surrounded by parks, gardens, schools, medical facilities, hospitals and an easy walk to all our amazing restaurants and bars as well as the scenic river precinct with all its beautiful walk ways and cafes.

Location on Google Map

201-215/149-157 Thirteenth Street, Mildura, 3500

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