1-3 Robertsons RoadKalimna West VIC 3909
Property Details for 1-3 Robertsons Rd, Kalimna West
Last Listing description (February 2020)
Here's your opportunity to secure an investment property approved as mixed use residential comprising seven units and a three-bedroom home spread across over an acre of land at the gateway to Lakes Entrance. The home and units are currently leased as residential tenancies and offer a gross return of over 11% with an approximate net return in excess of 9%.
At the rear of the property sits the main home which consists of three bedrooms, two with built-in-robes, bathroom, wood heating, split system reverse cycle air conditioning and veranda. Adjacent to the home is a double carport. This home has been extensively renovated and is currently leased but could be utilised as a manager's residence.There are a further two studio units and five, 2-bedroom units across three buildings.
The units and home have recently undergone significant renovations and improvements, town water is connected and the NBN is available. A vast infrastructure upgrade including the installation of a state-of-the-art electrical system means each unit and the home are independently smart metered, supporting independent living. The system also manages public lighting and controls the heat pump hot water system. The footprint of the current buildings on the site means there may also be scope to add additional accommodation units or homes (subject to council approval).
Lakes Entrance is only five minutes by car, Metung is ten minutes and Bairnsdale only twenty-five minutes. The V-Line Bus Stop is right out the front and the Colquhoun Mountain Bike track and Regional Park is just across the road. Don't miss this opportunity to secure a property with secure, above average returns. Call today for more information.
Property History for 1-3 Robertsons Rd, Kalimna West, VIC 3909
- 04 Oct 2019Listed for Sale $779,000
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/fwdbvsivlei65krhfvfp6u4tue?signature=734d479175eed0fe99edd3aa22be8d70fbca2499b668ff1aad61337b7b006658){kind=logo}
0
0
About Kalimna West 3909
The size of Kalimna West is approximately 56.6 square kilometres. It has 2 parks covering nearly 75.4% of total area. The population of Kalimna West in 2011 was 472 people. By 2016 the population was 147 showing a population decline of 68.9% in the area during that time. The predominant age group in Kalimna West is 50-59 years. Households in Kalimna West are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kalimna West work in a managers occupation. In 2011, 80.9% of the homes in Kalimna West were owner-occupied compared with 70.8% in 2016..
Kalimna West has 107 properties. Over the last 5 years, Houses in Kalimna West have seen a 70.06% increase in median value, while Units have seen a 30.89% increase. As at 31 October 2024:
- The median value for Houses in Kalimna West is $848,765 while the median value for Units is $276,862.
Suburb Insights for Kalimna West 3909
Market Insights
Kalimna West Trends for Houses
N/A
N/A
View TrendN/A
N/A
Kalimna West Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
