4 BALDING STREET, Mirboo North, Vic 3871

Mirboo North has very limited property offering outstanding potential to elevate your income stream from 2 separate dwellings. Generating $610 a week (less agent management fee’s) 4 Balding Street has a lot to offer the Savvy investor. 

With 2 separate dwellings, on a large level allotment that’s approx.1,017m2, the convenient positioning couldn’t be any better because you are just one street back from Mirboo Norths vibrant shopping center and access to 7 day a week public transport. These 2 separate rentals are something that should grab your investment attention. 

NOTE-48 hour prior notification before any inspections can take place.

MAIN RESIDENCE. Weekly income $330
For peace of mind the main residence is in solid, sound condition with concrete stumps, Hardi Plank weather boards, Aluminum sliding windows and corrugated iron roof ensures that your investment will require little maintenance now and especially into the future.

The interior comes with a modest open plan living area with pine lined ceilings. Kitchen cabinetry features Laminex rolled edge bench tops solid timber handles, electric cook top with Range Hood, in wall electric oven, Dishwasher, pantry with vinyl floor coverings. Across into the lounge where 2 large windows capture Northern sunlight with a pleasant view of the Forested hills. 

Carpet to all 3 bedrooms, with the master bedroom having a built-in robe. 2 of the 3 bedrooms have molded cornices, picture rails with timber strapped ceilings. Bedroom number 3 is towards the back of the home with a window that looks out onto the secure rear yard.  The central bathroom present’s well with its separate shower, vanity and vinyl floor. 

SELF CONTAINED UNIT. Weekly income $280

This neat and very tidy unit is an excellent income earner. It offers everything that a single or double person needs to comfortably live. Securely fenced with an open carport for a single vehicle with entry to the unit via a under cover entertaining area. The kitchen presents and functions very well. You have Laminex cabinetry with easy to maintain vinyl floor covering as you enter the kitchen area, with carpet for the lounge and  meals.  

Servicing the unit is an a upright gas stove and oven, a Range Hood and reverse Cycle a/c. The carpet flows through to the bedroom with room for a double bed.  Vinyl floor coverings appear in the bathroom which also provides enough space for a washing machine. A rear door provides easy access to the clothes line.

Both properties are surrounded by some mature tree’s that provide peace of mind and privacy.

NOTE- Mark boundaries are approx. only and are for illustration purposes only.  

https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence

4 Balding street Mirboo North is approx. 155 km’s South East of Melbourne and can be found in the pristine environment of the Strzelecki Ranges. We have excellent schools, splendid cafés and eateries, medical services and the best parkland that stretches the full length of the main street. 

Our swimming pool is set in the Baths Road Forest reserve and has just undergone a 5-Million-dollar aquatic upgrade. We have 7 days a week public transport to and from the Latrobe Valley and Wonthaggi.
 A connecting bus from Wonthaggi can take you directly to Cowe’s on Philip Island.
 
Discover what Mirboo North and 4 Balding Street has to offer you and your family by visiting   www.visitmirboonorth.com.au