79 Sixteenth Street, Mildura VIC 3500
Price Guide: $750,000 - $825,000
A high yield investment that pulls it's weight
Positioned to deliver an outstanding combination of quality, low-maintenance living and strong investment appeal, this already tenanted three year old four-bedroom townhouse presents an exceptional opportunity to secure a modern property with an approximate gross rental return of 6.8% highly out performing the average return in Mildura of 4.8% annually.
Offering four generous bedrooms, two bathrooms and a double remote garage with convenient rear-lane access, the home features a spacious and functional floorplan that will appeal to a broad range of tenants. High ceilings and timber flooring enhance the light-filled open-plan living and dining area, while a separate formal lounge provides valuable additional living space.
At the heart of the home, the well-appointed kitchen combines style with practicality, featuring a natural gas cooktop, stainless steel dishwasher and a butler’s pantry complete with its own sink. The spacious master suite includes a private ensuite and walk-in robe, while the remaining bedrooms are well positioned to comfortably accommodate families.
Year-round comfort is assured with zoned ducted reverse-cycle heating and cooling, complemented by ceiling fans throughout. Outside, the covered alfresco entertaining area and fully fenced yard further enhance the property’s appeal, while convenient rear-lane access to the remote double garage adds everyday practicality.
Set on a manageable 325 sqm allotment with an impressive 245 sqm of living, this quality-built townhouse offers everything investors are looking for-modern finishes, generous proportions, low-maintenance living and a projected gross rental return of approximately 6.8%.
Whether you’re adding to an established portfolio or securing a quality investment with excellent rental potential, this is an opportunity well worth your inspection.