113-115 Bank Street, Howlong NSW 2643

For Sale $320,000

  • 4 Bed
  • 2 Bath
  • 2 Car
  • 2,023 sqm (approx) Land Area

UNTAPPED POTENTIAL

Don’t miss this genuine investment opportunity, with only 2 units on this 1/2ac block, in the expanding rural town of Howlong. Only 20mins from Albury/Wodonga, Howlong is a great town with very low rental vacancy rates.

If you’re ready for your next project, these 2 units will be right up your alley. They need some renovation but then they could pay their own way while you build another 3 or 4 units on the block to make the most of the land.

Each unit has 2 bedrooms, an open plan kitchen/dining/lounge, a 2 way bathroom and a carport. This lovely quiet street on the outskirts of Howlong would also be a great place to subdivide and build your personal abode with an income producing property next door.

With new commercial developments in Howlong and nearby Barnawatha increasing the population, this could be the ideal time to get into the largely untapped market.

Currently, the units are renting for $110 & $115 per week but with some small renovations, they could achieve around $160 per week each. Come and see the possibilities for yourself!

This property is proudly listed by:

First National Real Estate Bonnici & Associates 9 High Street
Wodonga VIC 3690

Open for Inspection

By Appointment

Additional information

Property Type Block of Units
Property ID 11042101499
Price $320,000
Land Area 2,023 sqm (approx)