169 Bagot Rd, Ludmilla is a 5 bedroom, 5 bathroom Unit with 5 parking spaces and was built in 1985. The property has a land size of 870m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 5 bedroom Unit sold in Ludmilla in the last 12 months.
For more property information text 169BAG to 0488 810 057
Priced to Sell Renovate and Revalue.
The Numbers:
Asking Price: $895,000
Total Rental Income: $1,270/week
Gross Yield: 7.4%
Land Size: 870sqm
Zoning: LMR (Low-Medium Density Residential)
No Body Corp Self-Managed
What Youre Getting:
5 x 1-bed, 1-bath units all individually tenanted
Solid brick construction with scope to refresh
Private courtyards + laundry space under verandas
Secure front entry, open plan living, functional kitchens
Off-street parking for each unit
Rental Breakdown:
Unit 1 $280/week (Lease to Feb 2026)
Unit 2 $290/week (Lease to Aug 2025)
Unit 3 $260/week (Lease to October 2025)
Unit 4 $210/week (Periodic tenant since 2010)
Unit 5 $240/week (Periodic tenant since 2014)
Location, Location:
5 mins to CBD, Casuarina, and Home Maker Village
Near public transport, parks, schools, and day care
5 mins to East Point + Nightcliff Foreshore
Grab a weekend coffee at The Cool Spot
The Opportunity:
This block has great bones and long-standing tenants. Its producing income right now and offers huge potential for those ready to make it shine. Whether youre adding to your portfolio or looking for a reno project with guaranteed returnsthis is it.
Secure it now, modernise laterand watch your yield grow.
Other Info:
Council Rates: Approx. $8,744 per annum
Area Under Title: 870 square metres
Year Built: 1972
Zoning: LMR (Low-Medium Density Residential)
Body Corporate: Self Managed
Vendors Conveyancer: Lawlab
Settlement period: 45 days or variation on request
Easements: As per title
Deposit: 10% or variation on request
The size of Ludmilla is approximately 4.1 square kilometres. It has 5 parks covering nearly 2.2% of total area. The population of Ludmilla in 2016 was 1743 people. By 2021 the population was 1667 showing a population decline of 4.4% in the area during that time. The predominant age group in Ludmilla is 30-39 years. Households in Ludmilla are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ludmilla work in a professional occupation.In 2021, 54.80% of the homes in Ludmilla were owner-occupied compared with 57.80% in 2016.
Ludmilla has 661 properties. Over the last 5 years, Houses in Ludmilla have seen a 21.20% increase in median value, while Units have seen a 63.11% increase. As at 28 February 2026:
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