For Sale

104a Lylia Avenue, Mount Clear, Vic 3350

$530,000 - $550,000

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

807 m²

Area

Published on Friday, September 18, 2026 ( See property details for 104a Lylia Avenue, Mount Clear, Vic 3350)

$530,000 - $550,000

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Chloe Wilson Residential Sales Consultant

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Will Munro Director - Residential Sales

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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 versatile investment opportunity featuring two leased one-bedroom units on a single title, offering reliable income and prime location advantages.

🏡 Property Highlights

Dual income stream with two leased one-bedroom units
Strong rental yield of $670 per week
Modern, low-maintenance interiors with split-system heating and cooling
Excellent location near Federation University and shopping centres
Securely leased units providing reliable investment income
Flexible ownership on a single title with two dwellings

✨ Key Features

Two one-bedroom units on a single title
Both units currently leased
Split-system heating and cooling
Dishwasher
Electric cooktop and oven
Fresh, neutral interiors
Close to Federation University
Near Midvale Shopping Centre
Minutes to Ballarat CBD
Open-Plan Living

Suburb and Property Insights of Mount Clear, VIC 3350

Mount Clear is a vibrant suburb offering excellent access to education, shopping, and recreational facilities. Its proximity to Federation University makes it ideal for tenants seeking convenience and lifestyle. The area boasts a strong community atmosphere, with easy access to Ballarat's CBD and local amenities. Investment in Mount Clear provides both lifestyle benefits and strong rental demand, making it a desirable location for property investors.

Frequently Asked Questions

What are the current rental yields and vacancy rates for these units?

The combined rental income is $670 per week, providing a strong yield, with both units currently leased, indicating low vacancy rates in the area.

Are there any additional costs or fees associated with owning these units?

As the units are on a single title, there may be minimal strata or body corporate fees; it is advisable to confirm any applicable costs with the selling agent.

What is the condition of the property and are there any recent renovations?

Both units feature fresh, neutral interiors with modern comforts, suggesting recent updates and well-maintained condition.

Are there any planning or zoning restrictions affecting the property?

The property is zoned for residential use within Mount Clear, with no known restrictions impacting the current dual-unit configuration.

Is the property suitable for future development or expansion?

Given the current layout and single title, future development options may be limited; consulting local council regulations is recommended.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance expenses associated with the property? Has the property been inspected for any structural issues or pests? Are there any restrictions or covenants on the property that could affect future use? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any planned developments or zoning changes nearby that could impact the property's value? What are the terms of the lease agreements, and are there any upcoming lease expirations or rent reviews? Are there any strata or body corporate fees, and what do they cover? Is the property compliant with all current building and safety regulations? Are there any easements or rights of way affecting the property? What are the long-term prospects for rental demand and capital growth in Mount Clear?

104a Lylia Avenue, Mount Clear, Vic 3350 - More Details

$530,000 - $550,000

An outstanding opportunity for investors, this unique property presents two well-appointed one-bedroom units on a single title, both currently leased and providing a combined rental income of $670 per week.

Unit 1 is leased at $320 per week, while Unit 2 is leased at $350 per week, delivering an immediate and reliable dual income stream from one property.

Both units offer functional, low-maintenance layouts with fresh, neutral interiors and a selection of modern comforts, including split-system heating and cooling, dishwashers, electric cooktops and electric ovens.

Perfectly positioned for tenant appeal, the property is located close to Federation University, Midvale Shopping Centre, recreational facilities and Ballarat's CBD, placing everyday amenities and employment, education and lifestyle options within easy reach.

With both units securely leased, a combined rental return of $670 per week and the added flexibility that comes with owning two dwellings on one title, this is an opportunity that deserves serious consideration from investors seeking to strengthen their portfolio.

Property Features:

Two one-bedroom units on a single title
Both units currently leased
Unit 1 leased at $320 per week
Unit 2 leased at $350 per week
Combined rental income of $670 per week
Split-system heating and cooling to both units
Dishwasher, electric cooktop and oven
Fresh, neutral interiors
Close to Federation University and Midvale Shopping Centre
Minutes to Ballarat CBD and local amenities

Type: Block Of Units
Bedrooms: 2
Bathrooms: 2
Parkings: 1
Area: 807 m²

Price guide

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Chloe Wilson

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Will Munro

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104a Lylia Avenue, Mount Clear, Vic 3350

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