1/380 Douglas Rd, Lavington is a 7 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1974. The property has a land size of 210m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
It's Addressed:
A Secure, Income- Producing Investment with Three Separate Dwellings
Investors seeking a solid, low-maintenance addition to their portfolio will
UNITS 1 & 2 comprise :
2 bedrooms featuring curtains and blinds
1 well-appointed bathroom
Kitchen is equipped with an upright cooker with gas stove top and Rangehood
Separately appointed laundry. Internal access to the secure lock-up garage.
Neutral painted interiors
Gas wall furnace heating
Reverse-cycle air conditioning
Updated Plumbing and electrical works
New ceiling fans and lights
Unit 2 has been thoughtfully upgraded to cater for accessibility requirements, featuring ramp access to the front door and a renovated bathroom with a disability-friendly shower. The unit also benefits from carpet installed approximately one year ago.
Both Units 1 and 2 are occupied by long-term tenants on periodic leases, currently returning $340 per week each. Rental appraised potential up to $390 per week.
UNIT 3- THE LARGER HOME
3 bedrooms all featuring built-in robes, new sheer curtains and block-out blinds.
1 bathroom including a separate bath and shower.
Kitchen is equipped with an upright cooker with gas stove top and Rangehood
Separately appointed laundry. Internal access to the secure lock-up garage.
Large undercover entertainment area
Freshly painted interior
Gas Wall Furnace
Reverse-cycle air conditioning
Updated Plumbing and electrical works
New ceiling fans and lights
Unit 3 is currently leased at $440 per week until February 2027, providing the security of a fixed-term tenancy. Rent appraised potential up to $480 per week.
STRONG RENTAL RETURN
The brick veneer and tiled roof complex currently generates a gross rental income of $59,280.
The complex has been rent appraised to potentially earn up to $ 65,520 per year rental income. The currently self-managed strata plan offers the potential for the astute investor to maintain control over the management and minimise ongoing costs. The complex boasts the convenience of a central Lavington location within walking distance to a Primary School, High School, transport, and sporting facilities. The nearby Lavington Shopping Complex is only a 3-minute car drive away. Opportunities of this nature are rarely available. Enquire today to arrange further information by contacting Donna Duncan Area Specialist Real Estate.
For more Real Estate in Lavington contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters
The size of Lavington is approximately 14.8 square kilometres. There are 11 parks, covering nearly 3.2% of the total area. The population of Lavington in 2016 was 12472 people. By 2021 the population was 13073 showing a population growth of 4.8% in the area during that time. The predominant age group in Lavington is 20-29 years. Households in Lavington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lavington work in a trades occupation.In 2021, 56.40% of the homes in Lavington were owner-occupied compared with 58.10% in 2016.
Lavington has 7,995 properties. Over the last 5 years, Houses in Lavington have seen a 84.62% increase in median value, while Units have seen a 68.15% increase. As at 31 July 2026:
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