195 Kiewa Street South Albury, NSW 2640

A rare South Albury holding, this tidy block of three delivers versatility for investors.

Quietly positioned in the trendy suburb of South Albury with swift access to Dean Street, the river precinct and major arterials, it offers low-maintenance investing today and compelling upside tomorrow.

Units one and two are mirror-image one-bedroom residences designed for effortless tenancy. Each features an open living/dining zone, practical kitchens with gas cooktops, electric ovens and dishwashers, combined bathroom/laundry, and a split-system for year-round comfort. Light, neat and easy to service, they're the kind of rentals that stay tenanted. - Unit one includes an allocated carport.

Unit three adds genuine X-factor: a larger footprint with two bedrooms including a private master suite with ensuite, plus a second bathroom and a separate laundry for day-to-day convenience. The kitchen features the same contemporary finish - gas cooktop, electric oven and dishwasher - while the living/dining area flows to a private courtyard, creating a prized indoor-outdoor domain for entertaining or quiet weekends.

All three units are individually climate-controlled via split systems to keep running costs predictable and comfort consistent.

There is an additional two-car garage which is currently separately leased.

For the portfolio, this address supplies multiple dependable income streams on one title, simplified management, and the flexibility to value-add over time. The total income is currently $1360

Unit one - $385 per week leased until October 2026

Unit two - $350 per week - continuation lease

Unit three - $475 per week - continuation lease

Shed - $150 per week - continuation lease

For multi-generational buyers, it's a ready-made village: live in the courtyard residence, keep loved ones close in the companion units, and future-proof your options in an increasingly sought-after pocket.

There is additional space at the rear of the property that has plans to develop a two story townhouse (STCA) confirming that this opportunity is packed with potential!

South Albury remains a local favourite for accessibility - minutes to CBD dining, sporting venues, river paths and the freeway - while retaining a neighbourly feel that tenants and owners appreciate. Whether you're consolidating your portfolio or crafting a long-term plan, this three-door opportunity answers both the rational and the aspirational brief.

Disclaimer: All information regarding this property is from sources we believe to be accurate, however, we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture and descriptions.