FOR SALE
$429,000

213 Lawrence Street
Wodonga VIC 3690

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 657m2
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DUAL-LIVING INVESTMENT OPPORTUNITY IN PRIME WODONGA LOCATION!

An exceptional opportunity for investors and homebuyers alike, this unique property features two separate homes on a single 657m² title.
213 Lawrence Street, Wodonga is well-located with several amenities within walking distance. Nearby parks include Les Stone Park, which features a playground, barbeque areas, and a wetland with a fishing jetty. Willow Park, another nearby green space, offers a skate bowl, fitness equipment, and a playground. For families, there are local schools and shops conveniently accessible. The area also has good transport links and is well-connected to the Wodonga town centre.
The front home features three bedrooms and one central bathroom. The functional kitchen is separate from the open living and dining room which sports original wood flooring, a split system, and an overhead fan. The original verandah has been enclosed to create a study or mudroom between two of the bedrooms, which leads out to the undercover alfresco.
Currently leased at $370 per week on a periodic lease.
The rear home has one spacious bedroom, which could easily be split into two bedrooms or have a full walk-in wardrobe fitted. The large bathroom is also fitted out as a laundry and allows for space for an extra freezer or fridge. The spacious open-plan living and dining is the hub of the home and flows through to the galley kitchen and outdoor alfresco area. This home is serviced by a single carport.
Securely tenanted until November 2024, earning $250 per week.
Currently bringing in a combined yield of 7.52%, both homes have great potential and are in need of updates and maintenance, making this an ideal property for those looking to add value. Whether you're interested in maximizing rental returns further or seeking a versatile living arrangement, 213 Lawrence St offers a rare dual-living opportunity in a convenient Wodonga location.
Don't miss out on this unique property investment!
Disclaimer: Some or all of these images have been digitally modified in part to clearly represent the permanent features of this property.
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Property Details for 213 Lawrence St, Wodonga

213 Lawrence St, Wodonga is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 657m2. The place is currently for sale with First National Real Estate - Bonnici & Associates .

Building Type
House
Land Size
657m2

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About Wodonga 3690

The size of Wodonga is approximately 37.1 square kilometres. It has 36 parks covering nearly 9% of total area. The population of Wodonga in 2011 was 16,487 people. By 2016 the population was 18,932 showing a population growth of 14.8% in the area during that time. The predominant age group in Wodonga is 20-29 years. Households in Wodonga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wodonga work in a professional occupation. In 2011, 60.5% of the homes in Wodonga were owner-occupied compared with 58.4% in 2016.

Wodonga has 11,811 properties. Over the last 5 years, Houses in Wodonga have seen a 63.09% increase in median value, while Units have seen a 61.50% increase. As at 31 October 2024:

  • The median value for Houses in Wodonga is $550,322 while the median value for Units is $352,043.
  • Houses have a median rent of $480 while Units have a median rent of $365.
There are currently 76 properties listed for sale, and 18 properties listed for rent in Wodonga on OnTheHouse. According to CoreLogic's data, 445 properties were sold in the past 12 months in Wodonga.

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Lexley Sewell
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William Bonnici
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First National Real Estate - Bonnici & Associates
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