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17 Cahill Close
lucas
VIC, 3350

SOLD

Sold for $590,000

listing rooms 3
listing bathrooms 2
listing parking 1
Land: 369 sqm

Instant Income, Prime Lucas Spot

17 Cahill Close, Lucas presents a compelling investment opportunity, currently leased at $445 per week, providing immediate, reliable rental income in a tightly held suburb.

The property's practical layout and modern features make it highly attractive to tenants, ensuring strong ongoing demand. The main bedroom includes a walk in robe and ensuite, while two additional bedrooms with built in robes are serviced by a central bathroom.
The kitchen, with gas cooktop, electric oven and stainless steel dishwasher, opens to a living and dining area that flows directly to a covered alfresco and secure rear yard, an ideal setup for families. Gas central heating and a split system in the main living area add further tenant appeal.

Location adds significant investment value. Positioned close to the Lucas Town Centre, the Alfredton School Precinct, parks, recreational facilities, and with easy access to the Ballarat West Employment Zone and the Western Freeway, the property sits in a highly desirable area for long term tenants.

For investors, this home delivers a combination of secure rental income, low maintenance living, and exposure to a suburb with consistent growth and strong rental demand.

Ballarat's Best-Selling Team

Agents

Nearby Schools

About lucas

median House price

640000

suburb growth

1.6%

median House rent

480

suburb rental yield

3.9%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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