Description

Affordable Investment. This 994 m2 corner block with a large vacant back yard is begging to be developed, STCA. Just over 500m to the shops, walking distance to schools. Chiltern is in an ideal location with travel time under 30 minutes to Albury, Wodonga, Wangaratta, Beechworth, Yackandandah, Rutherglen, Corowa and Wahgunyah. There is high demand for rentals. The house is not in good condition, but the current tenants have been there for 14 years and would like a long term lease extension at $200+ per week. Making this an ideal opportunity to cover costs while developing even more income on the back of the block.