316 & 318 Townsend Street, South Albury NSW 2640

Property Details: • Type: Block of Units

• Bedrooms: 5 • Bathrooms: 2

Description: Set within South Albury's most sought-after residential enclave, 316 and 318 Townsend Street present a truly exceptional investment opportunity that seamlessly marries timeless architectural charm with contemporary convenience. These two adjoining properties showcase the enduring appeal of heritage-style living while delivering modern comforts. At 316 Townsend Street, an intimate two-bedroom, one-bathroom home speaks to a bygone era of craftsmanship. The stunning ornamental fireplace serves as a captivating focal point, while the practical kitchen offers a gas cooktop providing functionality without compromising the vintage aesthetic. Split-system heating and cooling ensure year-round comfort for discerning tenants. Adjacent, 318 Townsend Street, a three-bedroom residence, features generous living spaces that cater to families or professionals. This property features split system climate control and a well-appointed kitchen with gas cooking facilities. The thoughtful layout maximises every square metre, creating an inviting atmosphere that naturally appeals to quality tenants. The true magic lies in their prime South Albury location, positioned within easy reach of the iconic Murray River precinct and Albury's central amenities. This sought-after area offers proximity to extensive riverside parklands, including Noreuil Park, the Albury Botanic Gardens, and Monument Hill, while being close to recreational highlights like Hovell Tree Park and the Yindyamarra Sculpture Walk. With convenient access to Dean Street's shopping and dining district and the bustling Albury CBD just minutes away, enjoy the perfect balance of riverside tranquillity and urban convenience. Both properties are currently tenanted by exemplary residents, providing immediate rental returns while offering flexibility to explore future opportunities. Whether maintaining steady rental income or embarking on development (subject to council approval), the possibilities are diverse and promising. The blend of old-world elegance and modern practicality creates an investment proposition, ensuring these properties will continue attracting quality tenants for years to come. This rare offering represents more than just a real estate transaction it's an invitation to become custodian of South Albury's architectural heritage while building long-term financial success.