Rarely does an opportunity of this calibre hit the market-two fully renovated units on a generous 1030sqm block, with the added advantage of developme
Lavington
1-2/429 Prune St,
Guide: $700,000 - $720,000
3
2
4
Property Features
- 21553947 Property ID
- 3 Bedrooms
- 2 Bathrooms
- 2 Garage
- 2 Carports
- Land Content further Development opportunity STCA
- Land Size 1030 Square Mtr approx.
- Air Conditioning Yes
- Built In Robes Yes
- Deck Yes
- Outdoor Ent Yes
- Reverse Cycle Yes
- Secure Parking Yes
- Shed Yes
- Split System Yes
- Water Rates $852.45 Yearly
Property Description
Rarely does an opportunity of this calibre hit the market-two fully renovated units on a generous 1030sqm block, with the added advantage of development potential at the rear (STCA). For savvy investors, this is a property that delivers immediate returns and long-term upside. Both residences have been stylishly renovated, offering modern living and low-maintenance appeal, all within walking distance of schools, shops, and everyday conveniences. Unit 1 - Two Bedrooms • Spacious lounge with split system heating/cooling • Large eat-in kitchen with meals area • Combined bathroom/laundry with shower & toilet • Carport plus option to allocate a lock-up garage • Charming front verandah for relaxation Unit 2 - One Bedroom • Fully renovated throughout • Lounge and modern kitchen with enclosed meals/entertainment area • Main bedroom with mirrored built-in robe • Large double shower with integrated laundry facilities • Split system air conditioning & gas hot water • Access to lock-up garage via all-weather driveway Each unit is separately metered, providing flexible leasing arrangements. Current rental appraisals suggest strong returns: • Unit 1 (2BR + LUG + carport): $360-$390 p/w • Unit 2 (1BR + LUG + carport): $320-$340 p/w That's a potential combined return of up to $730 p/w, with no further outlay required. Positioned close to schools, shops, and local amenities, this property offers immediate income, minimal outlay, and exciting future growth potential. Strong returns + development opportunity = smart investment. Whether you're looking to expand your portfolio with solid, ready-to-lease assets, or explore the development potential this site offers, this is a standout opportunity that won't last long. Invest today, profit tomorrow.
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Hot Property
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