Indicative Sale Price: $315,000 – $345,000

This property has a proven rental history under the management of our team, Elders Property Management. This is also the second time that we offer the property to the market for sale. Whether you are looking for a property to owner occupy, or as an investment, this one is a great performer!

The current tenancy agreement is now periodic (month to month). This means that you can continue the current lease agreement, negotiate a new one, or arrange vacant possession. A copy of the lease is contained in the Section 32, which is available to you upon request.

As managing and selling agents of this property over a period of time, we have worked with tenants and buyers in various market conditions. Our team understands the many unique traits of this property, which make tenants want to lease it, and buyers wish to own it (over other alternatives in the market). We have also observed the property benefit from improved rental values, and increased capital value over the years. When tenants and buyers inspect the home, they describe it as offering great comfort, and value for money. This is for the following reasons:

All three of the carpeted bedrooms have built in robes and ceiling fans. Beautiful polished ironbark timber floors extend through the open plan kitchen, dining and lounge. There is ducted floor heating and ducted evaporative cooling throughout. The lounge also has a split system and a ceiling fan.

The enclosed backyard is great for supervised children’s play activities. A timber deck is a great spot to entertain and enjoy outdoor living and dining. The 7.4 x 5.9m shed has a concrete floor, power, pot belly stove and a vehicle service pit.

Another key trait that tenants and buyers appreciate in this property is its very convenient location. It’s only short walking distance along Moran Street to reach View Street and central Bendigo. This represents immediate access to the arts, theatres, sports, restaurants, cafes, gyms, medical services, transport, shops, schools, parks, public spaces and more.

Number 18 is a proven performer, with attractive rental returns, and the prospect of likely future capital growth.