1 John St, Wendouree is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 755m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Wendouree in the last 12 months.
Discover an exceptional investment opportunity with this recently updated block of 3 units at 4 John Street, Wendouree. This property is perfectly suited for investors seeking a hassle-free investment with immediate tenant readiness.
Property Highlights:
- Unit Configuration: The complex consists of one 2-bedroom unit and two 1-bedroom units, all on separate titles and separately metered.
Location and Accessibility:
Situated on a quiet, one-block street, this property offers proximity to essential amenities:
- Recreation: Close to a playground.
- Education: Near schools and child-care facilities.
- Shopping and Transport: Convenient access to shopping centres and bus stops.
Investment Potential:
With an expected gross rental income of approximately $900 per week, this property offers a possible gross yield of over 5.8%. Additionally, by owning all 3 units there is no owner's corporation, simplifying management and enhancing profitability.
Private Inspections:
Inspections are available by private appointment only, ensuring personalized and thorough viewings.
Contact Information:
Don't miss out on this turnkey investment opportunity. For more information or to schedule a private inspection, please contact Damian Shackell at 0448 777 313.
Invest with confidence at 4 John Street, Wendouree, where modern living meets exceptional convenience and investment potential.
Ballarat's Best-Selling Team
The size of Wendouree is approximately 9.6 square kilometres. It has 23 parks covering nearly 12.5% of total area. The population of Wendouree in 2011 was 10,597 people. By 2016 the population was 10,452 showing a population decline of 1.4% in the area during that time. The predominant age group in Wendouree is 20-29 years. Households in Wendouree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wendouree work in a labourer occupation. In 2011, 59.2% of the homes in Wendouree were owner-occupied compared with 56.6% in 2016.
Wendouree has 6,610 properties. Over the last 5 years, Houses in Wendouree have seen a 28.68% increase in median value, while Units have seen a 25.22% increase. As at 31 October 2024:
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