1, 2 & 3/428 Walnut Avenue, Mildura, Vic 3500-Image

For Sale

1, 2 & 3/428 Walnut Avenue, Mildura, Vic 3500

1, 2 & 3/428 Walnut Avenue, Mildura, Vic 3500

$990,000 - $1,089,000

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

664 m²

Area

Last updated on Friday, June 26, 2026 ( See property details for 1, 2 & 3/428 Walnut Avenue, Mildura, Vic 3500)

$990,000 - $1,089,000

View the agent price guide.

Mark Thornton - Real Estate Agent - One Agency Mildura - MILDURA

Mark Thornton Principal & Sales Agent

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Ben Fitzpatrick - Real Estate Agent - One Agency Mildura - MILDURA

Ben Fitzpatrick Sales Associate

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare investment opportunity in Mildura offering a complex of three low-maintenance brick units with flexible purchase options and established rental appeal.

🏡 Property Highlights

Versatile complex of three brick units offering immediate income and future growth potential
Flexible purchase options with individual units available from $330,000 to $363,000
Prime location just minutes from Mildura Central and essential amenities
Low-maintenance living with dedicated car spaces and evaporative cooling in each unit
Established rental income with two units leased at $375 per week
Inactive Owners Corporation simplifying management and ownership

✨ Key Features

Built-in Robes
Outdoor Area
Open-Plan Living
Ensuite
Garage
Waterfront / Views
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)

Suburb and Property Insights of Mildura, VIC 3500

Mildura is a vibrant regional city renowned for its thriving community, excellent amenities, and strong rental market. The suburb offers convenient access to Mildura Central, schools, parks, and transport links, making it ideal for both investors and owner-occupiers. Its established infrastructure and growth prospects make it a highly desirable location for property investment. The area combines a relaxed lifestyle with urban convenience, attracting a diverse range of tenants and residents.

Frequently Asked Questions

What is the current rental income for the units?

Units 2 and 3 are leased at $375 per week each, providing a steady rental income, while Unit 1 is currently vacant, offering immediate flexibility for owner-occupiers or new tenants.

What are the ongoing costs associated with owning these units?

Council and water rates do not exceed approximately $3,000 per annum for each unit, with additional costs depending on maintenance and management fees if applicable.

Are there any restrictions or strata fees for the complex?

The complex benefits from an inactive Owners Corporation, which simplifies management and reduces associated fees.

What is the condition of the units and any recent renovations?

The units are well-maintained brick constructions designed for low-maintenance living, with modern features such as evaporative cooling and electric cooking.

Is there potential for future development or expansion?

The property’s flexible configuration and established location offer potential for future growth, subject to council approvals.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance expenses associated with the units? Have all necessary planning and building approvals been obtained for the complex? Are there any existing or past issues with pests, structural defects, or water damage? What are the zoning restrictions or easements affecting the property? Is the property located in a flood or bushfire-prone area? Are there any planned developments or construction projects nearby that could impact the property? What are the terms of the Owners Corporation, and are there any upcoming fees or special levies? Are there any restrictions on future modifications or renovations to the units? What is the history of rental occupancy and tenant turnover in the complex? Are there any noise or neighbour-related issues that could affect living or rental conditions?

1, 2 & 3/428 Walnut Avenue, Mildura, Vic 3500 - More Details

$990,000 - $1,089,000

Type: Block Of Units
Bedrooms: 6
Bathrooms: 3
Parkings: 3
Area: 664 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Interactive Property Floorplan - 1, 2 & 3/428 Walnut Avenue, Mildura, Vic 3500

Living Room

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1, 2 & 3/428 Walnut Avenue, Mildura, Vic 3500 - Point Of Interest

Locate Near By Places of 1, 2 & 3/428 Walnut Avenue, Mildura, Vic 3500 On Map

Your Commute at a Glance: 1, 2 & 3/428 Walnut Avenue, Mildura, Vic 3500

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1, 2 & 3/428 Walnut Avenue, Mildura, Vic 3500

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