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5-7-7 Pickering Street
Ouyen VIC 3490
5-7-7 Pickering Street
Ouyen VIC 3490
5-7-7 Pickering Street, Ouyen VIC 3490
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Property was sold.
Property was sold.
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Escape the hustle and bustle with this countryside retreat, ideal for those seeking peace and tranquility.
Designed with families in mind, this property offers a haven for children to play and grow.
Perfect for hosting memorable gatherings, this property boasts features tailored for entertaining guests.
With 2 separate tenancies the property offers a steady income stream & a fixed term lease in place for the new owner. The four-bedroom, one-bathroom home was solidly built with a spacious living area, modern kitchen, and 3 generously sized bedrooms with built-in wardrobes plus large sleep out or rumpus room. The property offers a strong return at present which shows approximately 6.9% with a new lease entered for the bank. The combined rent of $480 per week provides a strong return and an ability to pay down a mortgage quickly. The residential home has also found suitable tenants due to a severe lack of available homes within the township. The bank tenancy has renewed a 2 year lease with an further option of 1x1x1. paying $221 per week. The residence is currently paying $265 per week with a rent increase due in September. Located in a prime position in the heart of a strong rural community, this property offers an incredible opportunity to secure a prime piece of real estate.
With 2 separate tenancies the property offers a steady income stream & a fixed term lease in place for the new owner. The four-bedroom, one-bathroom home was solidly built with a spacious living area, modern kitchen, and 3 generously sized bedrooms with built-in wardrobes plus large sleep out or rumpus room. The property offers a strong return at present which shows approximately 6.9% with a new lease entered for the bank. The combined rent of $480 per week provides a strong return and an ability to pay down a mortgage quickly. The residential home has also found suitable tenants due to a severe lack of available homes within the township. The bank tenancy has renewed a 2 year lease with an further option of 1x1x1. paying $221 per week. The residence is currently paying $265 per week with a rent increase due in September. Located in a prime position in the heart of a strong rural community, this property offers an incredible opportunity to secure a prime piece of real estate.
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