21 Wendt St, Millbank is a 2 bedroom, 2 bathroom BlockOfUnits with 2 parking spaces. The property has a land size of 650m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom BlockOfUnits sold in Millbank in the last 12 months.
Positioned in a convenient and well-established pocket of Millbank, 21 Wendt Street presents an outstanding opportunity for investors seeking an immediately income-producing asset with strong rental appeal and future upside.
Set on a 650m² allotment, this solid duplex has been fully renovated, offering a low-maintenance investment with the hard work already done. Both units are currently tenanted, delivering instant return from day one.
Each unit comprises 1 bedroom, 1 bathroom and 1 car accommodation, with tasteful modern updates including new kitchens, bathrooms, paint, flooring and blinds. Designed for comfort and practicality, both residences also feature Mitsubishi split system air-conditioning in the bedrooms, NBN connection, electric hot water, and smoke alarm compliance.
The kitchens have been thoughtfully upgraded with quality inclusions such as an upright electric fan-forced oven, ceramic cooktop, rangehood, and plumbed fridge space, further enhancing tenant appeal.
Outside, the property continues to impress with a generous 7.5m x 7m carport, side access, new roof and a 3m x 3m lawn locker, adding valuable functionality for occupants and owners alike.
With a current combined rental return of $800 per week, secure leases in place, and a great location surrounded by quality neighbours, this is an ideal addition to any investment portfolio.
Investment Snapshot:
• Duplex investment on 650m²
• 2 units, each offering 1 bedroom, 1 bathroom, 1 car
• Fully renovated internally
• New kitchens, bathrooms, flooring, paint and blinds
• Currently tenanted for immediate income
• Unit 1: $400 per week | Lease until 11 January 2027
• Unit 2: $400 per week | Lease until 10 March 2027
• Council rates: $2,686.00 per half
• NBN connected
• Mitsubishi split system air-conditioning in bedrooms
• 7.5m long x 7m wide carport
• Side access
• 3m x 3m lawn locker
• Built by Petersen Bros. Pty Ltd in 1973
A neat, updated and well-positioned duplex with solid returns and leases already in place, 21 Wendt Street, Millbank is the kind of investment opportunity that makes immediate sense.
Phone Daniel Anderson today on 0413 205 827 for more information or to book a private inspection. Also, keep an eye out for the scheduled open home times.
*Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor or contracted illustrator take any responsibility for any omission, wrongful inclusion, misdescription or typographical error in this marketing material. Accordingly, all interested parties should make their own enquiries to verify the information provided. The floor plan included in this marketing material is for illustration purposes only, all measurements are approximate and is intended as an artistic impression only. Any fixtures shown may not necessarily be included in the sale.
The size of Millbank is approximately 3.4 square kilometres. There are 4 parks, covering nearly 7.8% of the total area. The population of Millbank in 2016 was 2512 people. By 2021 the population was 2499 showing a population decline of 0.5% in the area during that time. The predominant age group in Millbank is 70-79 years. Households in Millbank are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Millbank work in a professional occupation.In 2021, 60.10% of the homes in Millbank were owner-occupied compared with 55.70% in 2016.
Millbank has 1,223 properties. Over the last 5 years, Houses in Millbank have seen a 129.19% increase in median value, while Units have seen a 124.28% increase. As at 30 April 2026:
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