FOR SALE
$565,000 - $600,000

1 & 2/85 Drummond Street
Dennington VIC 3280

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Two Units, One Title

Two units on a single title, each with fixed term leases and renting at $400 per week per unit.
Presenting the perfect opportunity to add to or begin to build an investment portfolio. These brick veneer units are well built, offering open plan living, kitchen and dining. Each unit comprises of two bedrooms, all bedrooms including built in robes. The front unit with updated bathroom and rear unit inclusive of solar.
Adjoining carports offering secure off-street parking, with functional yard space at both units. Separately metered, offering the new owner the opportunity to occupy one and rent the other.
Within walking distance to the Dennington Woolworths complex, St Johns Primary school and the local Milk Bar a block away.
With a current rental yield just short of 7%, this is not an opportunity that presents itself often in the current Warrnambool marketplace.
Offering private inspections via appointment, contact us today.
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Property Details for 1 & 2/85 Drummond St, Dennington

1 & 2/85 Drummond St, Dennington is a 4 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with Ray White Warrnambool.

Building Type
House

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About Dennington 3280

The size of Dennington is approximately 12 square kilometres. It has 4 parks covering nearly 0.6% of total area. The population of Dennington in 2011 was 1,557 people. By 2016 the population was 1,884 showing a population growth of 21.0% in the area during that time. The predominant age group in Dennington is 0-9 years. Households in Dennington are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dennington work in a trades occupation. In 2011, 78.3% of the homes in Dennington were owner-occupied compared with 73.4% in 2016.

Dennington has 1,032 properties.

    There are currently 8 properties listed for sale, and 1 property listed for rent in Dennington on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Dennington.

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    Tessa Dayman
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    Monique Brooks
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    Ray White Warrnambool
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