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Block of Units

104a Lylia Avenue Mount Clear, VIC 3350

Sold for $490,000 on 26 Oct 2026Floorplan
  • 2 Beds
  • 2 Baths
  • 1 Car
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104a Lylia Avenue, Mount Clear, VIC 3350

Block of Units in Mount Clear

Two Units. One Title. Two Income Streams.

  • 2 Beds
  • 2 Baths
  • 1 Car

An outstanding opportunity for investors, this unique property presents two well-appointed one-bedroom units on a single title, both currently leased and providing a combined rental income of $700 per week.

Unit 1 is leased at $350 per week until February 2027, while Unit 2 is leased at $350 per week on a periodic basis, delivering an immediate and reliable dual income stream from one property.

Both units offer functional, low-maintenance layouts with fresh, neutral interiors and a selection of modern comforts, including split-system heating and cooling, dishwashers, electric cooktops and electric ovens.

Perfectly positioned for tenant appeal, the property is located close to Federation University, Midvale Shopping Centre, recreational facilities and Ballarat's CBD, placing everyday amenities and employment, education and lifestyle options within easy reach.

With both units securely leased, a combined rental return of $670 per week and the added flexibility that comes with owning two dwellings on one title, this is an opportunity that deserves serious consideration from investors seeking to strengthen their portfolio.

Property Features:

Two one-bedroom units on a single title
Both units currently leased
Unit 1 leased at $320 per week
Unit 2 leased at $350 per week
Combined rental income of $670 per week
Split-system heating and cooling to both units
Dishwasher, electric cooktop and oven
Fresh, neutral interiors
Close to Federation University and Midvale Shopping Centre
Minutes to Ballarat CBD and local amenities

Land:

807m² / 0.19 acres

Parking:

1 carport space

Bedrooms:

2

Bathrooms:

2