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5-7 Pickering Street, Ouyen, Vic 3490 Sold
5-7 Pickering Street, Ouyen, Vic 3490 5-7 Pickering Street, Ouyen, Vic 3490-Floorplan Latest Aerial map Imagery for project 5-7 Pickering Street, Ouyen, Vic 3490

5-7 Pickering Street, Ouyen, Vic 3490

Bedrooms
4
Bathrooms
1
Parkings
2
Area
1108m2
Type
House

Last updated on Saturday, May 04, 2024

$322,500

Marty Deacon - Real Estate Agent - Elders Real Estate - Mildura / Wentworth / Robinvale
Marty Deacon Principal / Real Estate Expert - Residential, Rural, Commercial / Accredited Auctioneer / Stock & Station Agent / Water Broker
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5-7 Pickering Street, Ouyen, Vic 3490 - More Details

$322,500

Welcome to this exceptional property that combines a commercial building with main street frontage and a charming residential residence at the rear. This unique property comprises the Bank building, which is currently rented out by the NAB Bank, and a four-bedroom, one-bathroom home that was previously the bank manager's residence.

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.
Type
House
Bedrooms
4
Bathrooms
1
Parkings
2
Area
1108m2

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5-7 Pickering Street Ouyen VIC 3490

Property FAQs

How many bedrooms does the property listed 5-7 Pickering Street, Ouyen, Vic 3490 feature?

5-7 Pickering Street, Ouyen, Vic 3490 is a 4 bedroom House.

What are the standout features of the 5-7 Pickering Street, Ouyen, Vic 3490?

Explore all key property features for 5-7 Pickering Street, Ouyen, Vic 3490. Click here to find out more.

What is the total land area and built-up area of the 5-7 Pickering Street, Ouyen, Vic 3490?

The total land area and built-up area of the 5-7 Pickering Street, Ouyen, Vic 3490 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 5-7 Pickering Street, Ouyen, Vic 3490?

5-7 Pickering Street, Ouyen, Vic 3490 can accommodated 2 vehicles in the parking area.

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    All data and information contained in these FAQs is provided by Real Search as a courtesy only. Real Search does not make any representations or warranties regarding the accuracy and/or completeness of this data and information. Users should check directly with the agent to verify this data and/or information.

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