1-3/54 Montgomery St, Wendouree is a 3 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 670m2.
A fantastic investment opportunity to secure all three units on the one title with a potential great return on investment. All three renters are on fixed leases until next year and all great renters.
Offering three units each consisting of an open plan living, kitchen, dining area, one spacious bedroom with built in robes and a separate bathroom with laundry. Each kitchen offers a cook station with ample bench space as well as storage. Each unit has their own carport at the rear with a storage shed attached and a communal stoned sitting area. Very low maintenance surroundings make for an easy investment with potential to update and add some extra value.
Located just along from Montgomery Street Reserve, only 1.8km to Stockland Wendouree for all your shopping needs, 2.5km the beautiful Lake Wendouree and a little further to the Wendouree Train Station these units are a great investment opportunity to start or add to your current portfolio or possibly look to buy through your super.
- Unit 1 - $210pw until 5th August 2024
- Unit 2 - $210pw until 21st August 2024
- Unit 3 - $195pw until 21st April 2024
Contact me today to arrange your own private viewing of all three units!
The size of Wendouree is approximately 9.6 square kilometres. It has 23 parks covering nearly 12.5% of total area. The population of Wendouree in 2016 was 10445 people. By 2021 the population was 10376 showing a population decline of 0.7% in the area during that time. The predominant age group in Wendouree is 20-29 years. Households in Wendouree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wendouree work in a labourer occupation.In 2021, 53.40% of the homes in Wendouree were owner-occupied compared with 56.60% in 2016.
Wendouree has 6,656 properties. Over the last 5 years, Houses in Wendouree have seen a 34.16% increase in median value, while Units have seen a 36.11% increase. As at 28 February 2026:
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