FOR SALE
$650,000 - $670,000

4 Lorne Terrace
Flora Hill VIC 3550

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 236m2
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ALMOST NEW, INVESTORS WILL LOVE THE RENTAL RETURN!!

Positioned a short walk to La Trobe University and three minutes by car to Bendigo’s CBD is this almost-new custom built townhouse offering plenty of living space and flexible bedroom options on a fully landscaped but very easy-care allotment. The result is a solid return of $720pw let to a superb tenant.
This is an an easy-care home with minimal upkeep, enjoy the modern design and features on offer and still have plenty of living options. For investors, you get full depreciation benefits on this brand-new build. The home is fully fusnished, furniture is included in the aslking price.
Boasting reverse-cycle split-system heating and cooling throughout (each bedroom and the two living areas have their own controller), high ceilings, stone benches and vanity tops in bathrooms, Smeg appliances, lovely Vic Ash staircase and quality fittings throughout.
Comprising four spacious bedrooms, three are up-stairs including the second master bedroom with full en-suite including an 1800 frameless shower, vanity storage, toilet and heat lamps; bedrooms three and four are spacious, they have built-in-robes and bedroom three has a study-nook. Both are adjacent to the family bathroom which boasts a bath, larger shower and basin plus a separate (fourth) toilet.
There’s also a large living area up-stairs with built-in linen-press.
The master bedroom is on the ground level and features a three-piece ensuite with extensive tiling and built-in mirrored robes, there’s also a toilet/powder room for guests.
Living space on the ground floor is light and bright with embossed vinyl flooring throughout. There’s the living area and a purpose-built study-nook, the spacious meals area (which has a sliding door leading outside) and the kitchen with its stone benchtops, 900mm 5-burner Smeg cooker and Smeg dishwasher, recessed black sink, pantry and ample storage.
The laundry boasts storage cupboards and bench space and there’s internal access to the double lock-up garage. The garage has an auto door, under-stair storage and access to the rear yard.
Outside is a concrete landing in the rear yard - its and ideal space for an outdoor living option and there’s plenty of privacy.
This property is primed for an investor looking for a solid return and an easy-care property. Location is superb, walk to LaTrobe University and Kennington Village, transport and schools are close.
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Property Details for 4 Lorne Tce, Flora Hill

4 Lorne Tce, Flora Hill is a 4 bedroom, 3 bathroom Townhouse with 2 parking spaces. The property has a land size of 236m2. The place is currently for sale with PH Property.

Building Type
Townhouse
Land Size
236m2

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About Flora Hill 3550

The size of Flora Hill is approximately 2.9 square kilometres. It has 7 parks covering nearly 17.4% of total area. The population of Flora Hill in 2011 was 3,865 people. By 2016 the population was 3,948 showing a population growth of 2.1% in the area during that time. The predominant age group in Flora Hill is 20-29 years. Households in Flora Hill are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Flora Hill work in a professional occupation. In 2011, 50.7% of the homes in Flora Hill were owner-occupied compared with 44.1% in 2016.

Flora Hill has 2,208 properties. Over the last 5 years, Houses in Flora Hill have seen a 48.63% increase in median value, while Units have seen a 35.16% increase. As at 31 October 2024:

  • The median value for Houses in Flora Hill is $565,617 while the median value for Units is $358,888.
  • Houses have a median rent of $450 while Units have a median rent of $395.
There are currently 14 properties listed for sale, and 4 properties listed for rent in Flora hill on OnTheHouse. According to CoreLogic's data, 108 properties were sold in the past 12 months in Flora hill.

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