FOR SALE
$565,000

6 (Tba) Investment Property
Sale VIC 3850

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Set and forget residential investment opportunity

An excellent residential investment opportunity awaits in a contemporary Estate, featuring a solid Brick Veneer home with a long-term lease in place, ensuring hassle-free ownership as the tenant handles maintenance responsibilities while providing a guaranteed income stream.
This property boasts a lease extending until June 2028, generating a monthly rent of $2261.07—a truly set-and-forget investment.
The well-designed home revolves around an expansive open-plan living area seamlessly connected to the kitchen, complemented by a modern bathroom and generously sized bedrooms featuring built-in wardrobes. The master bedroom includes a walk-in robe and ensuite for added convenience.
Noteworthy features encompass down lights, ducted heating, evaporative cooling, a private alfresco space, a double garage with internal access and a remote-controlled door, all situated within a secure yard spanning 759 sqm.
Inspection is strictly by appointment only, please contact the listing agent to arrange.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
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Property Details for 6 (Tba) Investment Property, Sale

6 (Tba) Investment Property, Sale is a 4 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with Wellington Real Estate.

Building Type
House

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About Sale 3850

The size of Sale is approximately 46 square kilometres. It has 35 parks covering nearly 2.8% of total area. The population of Sale in 2011 was 13,185 people. By 2016 the population was 13,673 showing a population growth of 3.7% in the area during that time. The predominant age group in Sale is 0-9 years. Households in Sale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sale work in a professional occupation. In 2011, 64.9% of the homes in Sale were owner-occupied compared with 63.9% in 2016.

Sale has 8,739 properties. Over the last 5 years, Houses in Sale have seen a 47.96% increase in median value, while Units have seen a 56.68% increase. As at 31 October 2024:

  • The median value for Houses in Sale is $470,209 while the median value for Units is $326,571.
  • Houses have a median rent of $470 while Units have a median rent of $363.
There are currently 145 properties listed for sale, and 37 properties listed for rent in Sale on OnTheHouse. According to CoreLogic's data, 316 properties were sold in the past 12 months in Sale.

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Tony Kiss
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