115 Boundary Road, Orbost, VIC 3888

115 Boundary Road, Orbost, VIC 3888 Attention Investors - Tenanted Three Bedroom at $350 p/w

Situated opposite the Orbost Hospital is this charming three-bedroom weatherboard cottage on an easy to manage block. This historic home, thought to have been originally used by Midwives as a birthing centre, is currently rented to an excellent tenant at $350 per week unitl March 2025. For the savvy investor, this represents an above average gross return around 6.3%!

Stepping up to the home, you are greeted by a shady veranda overlooking the front garden. Inside are three generous sized bedrooms and a hallway leading to the family lounge room featuring a vintage wood fireplace and split system reverse cycle air conditioner. To the rear of the home is a combined kitchen and dining area features a vintage wood-fired stove that is currently decommissioned but provides some old-world charm. There's also a freestanding gas stove, dishwasher and plenty of cupboard space. The family bathroom and a small laundry and separate toilet are located off the kitchen and dining room.

A gateway off Tyndall Street provides secure off-street parking at the rear. The home itself is predominantly concrete stumps with hardwood flooring providing an excellent base to renovate this beautiful old home in the future. The home may also be ideal for the first home buyer to get a foot on the property ladder and would be an excellent investment to retain when ready to go to a larger home, especially considering its rental potential being so close to the Hospital and P-12 Community College.

Orbost is welcoming community located on the Snowy River and is only a short drive to the coastal town of Marlo, where the Snowy meets the sea. Marlo is famous for its fishing, its boating activities and coastal walks. The Orbost CBD is around fifteen minutes' walk to grab a coffee from one of the many cafes in town. There are supermarkets, banks and a variety of retail shops and businesses. Lakes Entrance is around forty-five minutes' drive for the major supermarkets of Woolworths and Aldi and the Gippsland Lakes.

Please view our virtual tour online and call Richard Ivey on 0401 113 310 seven days a week to schedule a private inspection. Inspections available seven days a week by appointment.