1-4/6 Charles Street, Wodonga, Vic 3690

This block of units in Wodonga presents an excellent investment opportunity, particularly given its prime location and solid rental returns. 
Here are some key highlights:

Property Overview:
*  Location: Central Wodonga, less than 1km from Junction Place development and Wodonga Plaza shopping precinct.
*  Lot Size: 837m² (approx).
*  Units:
   1 x 3 bedroom unit with gas cooking.
    3 x 1 bedroom units with electric cooking.
*  Construction: Brick, solidly built.
*  Current Rental Return: Approximately 6.5% gross on the marketing price, currently returning $960 per week and increasing to $1,040 per week in October 2024.
Features:
*  Heating and Cooling: All units have split system heating and cooling.
*  Parking: Allocated carports for all units with 2 separate driveways, and ample  on-street parking.
Investment Benefits:
*  Location: Proximity to key amenities in a major regional centre.
*  Meters: All units have individual electricity meters and only 1 water meter paid by the Landlord.
*  Tenancy: Long-term tenants providing stable rental income.
*  Growth Potential: Wodonga is a rapidly growing regional hub, making this a  promising future investment.
*  Council Rates: $3,802.00 per annum, water approx $517.13 per quarter. Building insurance paid in 2023 was $2,159.40. Total outgoings are $8,030.42 (approx)

*  Please note the photos shown are of the front unit 1 which is a 1 bedroom unit and the rear Unit 4 which has 3 bedrooms.