Discover the perfect blend of historical elegance and modern investment opportunity at 238 Walnut Avenue. This Art Deco clinker brick classic not only boasts timeless architectural beauty but now offers a solid investment with a secure 12-month lease at $480 per week. Ideal for the savvy investor looking to expand their portfolio with a property that combines aesthetic appeal with financial returns.

Property Highlights:

Secure Investment: Currently leased at $480 per week on a 12-month contract, providing immediate rental income.
Attractive Price Range: Priced to attract a range of investors, with an asking range of $420,000-$445,000, reflecting a competitive yield.
Classic Features Meet Modern Living: Gleaming hardwood floors, sunlit living spaces, and distinctive Art Deco details throughout.
Versatile Layout: Comprising 3 bedrooms plus a study, with the master and an additional bedroom featuring built-in robes, catering to diverse tenant needs.
Updated Amenities: An updated kitchen with a 900mm gas stove and an elegant formal dining area enhance the living experience.
Bonus Spaces: Includes an outdoor office or additional bedroom and a spacious, air-conditioned rumpus room, adding value and appeal.
Outdoor and Parking: A low-maintenance backyard, established garden beds, and a double lock-up garage plus extra off-street parking on a generous 581sqm corner block.
Investment Potential:

238 Walnut Avenue stands as a testament to the enduring appeal of Art Deco design, now coupled with a lucrative leasing arrangement. This property is not just a home; it's a strategic asset in the heart of Mildura, promising both capital growth and a steady income stream. Its unique charm and updated features make it highly desirable for tenants and a standout option for investors.

Why Invest Here?

This property is an invitation to capitalize on the fusion of historical allure and assured financial return. With its current lease and potential for future appreciation, 238 Walnut Avenue represents a prudent choice for investors aiming to combine the security of real estate with the distinctive character of Art Deco living.

For more information on this exceptional investment opportunity in Mildura, contact your Area Specialist today.

Disclaimer: While every care has been taken to ensure the accuracy of the home details, the responsibility for due diligence lies with the prospective buyer. The advertised lease details and investment returns provide a foundation for your investment decisions.