168
Shortridge
Drive
lucas
VIC,
3350
SOLD
Sold for $645,000
4
2
2
Land: 512 sqm
Modern Home, Immediate Income
Positioned in the ever popular Lucas precinct, this address sits within one of Ballarat's most consistently performing and in demand growth corridors. Surrounded by established amenities, parklands, walking tracks and with easy access to schools and shopping, the location continues to attract strong tenant demand and long term capital growth.
Set on approximately 512m², this quality built home, approximately 5 years old, presents with excellent street appeal, complimented by established gardens that give the property an immediate sense of care.
Inside, the home is designed for practical, low maintenance living. A light filled open plan living, dining and kitchen area forms the central hub, offering a functional layout that appeals to a broad rental market. The kitchen is well appointed with stone benchtops, quality stainless steel appliances including a dishwasher, and generous cupboard space.
The home comprises four spacious bedrooms, all with built in robes. The master bedroom is positioned privately and includes a walk in robe and ensuite, while the remaining bedrooms are serviced by a central bathroom.
Ducted heating throughout and a reverse cycle air conditioning unit in the main living area ensure the home is well equipped for year round leasing appeal.
Outside, the fully enclosed backyard offers a secure and usable space with scope for future improvements such as a small shed or pool, subject to council approval.
Currently leased at $480 per week to a quality tenant, this is a genuine set and forget investment with immediate income from settlement in a location where vacancy rates remain tight.
Ballarat's Best-Selling-Team
Agents
Nearby Schools
About lucas
median House price
640000suburb growth
1.6%median House rent
480suburb 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.
