201-206, 210 & 215/149-157 Thirteenth Street, Mildura VIC 3500

AUD 2,000,000
For Sale

Property Details

Bedrooms

8

Bathrooms

8

Property Type

Apartment / Unit / Flat

Description

Property Details: • Type: Apartment / Unit / Flat

• Bedrooms: 8 • Bathrooms: 8

Description: An exceptional set-and-forget residential investment in the heart of Mildura, delivering secure income backed by a major regional health provider. A rare opportunity to secure a high-yield residential investment with institutional-style tenant security in a growing regional market. This portfolio comprises six fully furnished 1.5 bedroom apartments & 2 fully furnished x 1 bedroom apartments, all securely leased in one line to Mildura Base Hospital, providing strong covenant security and consistent demand for staff accommodation. Investment Highlights 6 × 1.5 bedroom fully furnished apartments 2 x 1 bedroom fully furnished apartments Leased to Mildura Base Hospital Current income: $3,500 per week ($182,000 p.a.) Lease secured to September 2026 2-year lease extension to September 2028 being finalised Furniture and fit-out included in sale Strong regional healthcare demand driver Low ongoing management complexity Secure Tenant Profile Mildura Base Hospital is the key healthcare provider for the region, supporting ongoing demand for quality staff accommodation. This lease structure offers investors reliable, diversified income across multiple dwellings under a single tenancy. Location Situated in the thriving regional centre of Mildura, a major hub servicing northwest Victoria and southwest NSW. The region benefits from: Strong healthcare and government employment Expanding regional infrastructure Tourism and agriculture-driven economy Tight rental accommodation supply

Location

Address

201-206, 210 & 215/149-157 Thirteenth Street, Mildura VIC 3500

City

Mildura

Features and Finishes

None

Legal Notice

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