481 Lamport Cres, West Albury is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 776m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
This more than impressive property is currently set up as a 4 bedroom home, comprising ;- meals area, lounge room with a cosy wood heater and split system, stylish kitchen, 2 bathrooms complete with rain showers, and a brilliant sun drenched deck that captures the amazing sunsets that only West Albury can provide.
However, there is an amazing opportunity to turn the clock back to when the home was originally a 2 X 2 bedroom duplex. The only expense would be a small second kitchen and the good news is the plumbing is still there, and replace the party wall.
The current anticipated rent would be around $550 - $600 a week, but with a bit of imagination and some minor tweaking, the potential rent would be around $700 -$750 a week.
The home sits on a slightly elevated 771M block at the base of the war monument, close to the mighty Murray River, and only a 5 minute drive to Albury's CBD, it has driveways at both ends of the property, and there is substantial space at the rear of the block to potentially build another town house ( STCA).
Your choice to either move into a very nice, modern home, or reap the benefits of a great investment. Do the sums, you won't be disappointed.
The size of West Albury is approximately 5.4 square kilometres. It has 9 parks covering nearly 10.1% of total area. The population of West Albury in 2011 was 3,949 people. By 2016 the population was 3,855 showing a population decline of 2.4% in the area during that time. The predominant age group in West Albury is 50-59 years. Households in West Albury are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Albury work in a professional occupation. In 2011, 65.5% of the homes in West Albury were owner-occupied compared with 64.3% in 2016.
West Albury has 2,077 properties. Over the last 5 years, Houses in West Albury have seen a 56.63% increase in median value, while Units have seen a 85.49% increase. As at 31 October 2024:
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