1 Havlin St E, Kennington is a 2 bedroom, 1 bathroom Unit. The property has a land size of 1600m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Kennington in the last 12 months.
This is a really unique investment opportunity to buy a block of seven units with a high rental yield which are available as a whole or can be sold individually or as a smaller group.
Positioned along Back Creek in sought-after Kennington is this seven unit complex situated on a large allotment of over 1600 sq mts. The position is perfect, it's a private and peaceful location being handy to the Ewing Park precinct while you are a walk to Bendigo's CBD, along with creek track access to Lake Weeroona and Flora Hill.
The seven units are all each currently rented to great tenants which is generating a combined gross rental income in excess of $125,000 per annum. They each have the same floor plan (or mirrored) and have seen recent improvements.
All have two bedrooms with built-in-robes, a lounge with split system, kitchen/dining area, combined bathroom/laundry with shower and toilet. The modern kitchens boasts induction cook top, under bench oven, dishwasher along with ample bench and cupboard space. Each unit has its own secure yard along with a single carport.
With a proven track record of strong returns, this unit complex is the epitome of a secure, high-yield investment. Don't miss this secure investment opportunity contact Andrew Murphy on 0407 303 386 for further information.
The size of Kennington is approximately 4 square kilometres. It has 9 parks covering nearly 16.2% of total area. The population of Kennington in 2011 was 5,830 people. By 2016 the population was 5,649 showing a population decline of 3.1% in the area during that time. The predominant age group in Kennington is 20-29 years. Households in Kennington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kennington work in a professional occupation. In 2011, 60.8% of the homes in Kennington were owner-occupied compared with 59.2% in 2016.
Kennington has 3,364 properties. Over the last 5 years, Houses in Kennington have seen a 51.83% increase in median value, while Units have seen a 67.05% increase. As at 31 August 2024:
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