75 Seventh Street, Mildura VIC 3500

mixed-use zoning | modest weatherboard | 398sqm land | lane access | central Mildura The property’s strongest competitive advantage is its dual residential and commercial classification, which is rare in central Mildura and offers flexibility that standard housing cannot match. Positioned close to the marina, city heart, and riverfront, the location is walkable and amenity-rich. The 398-square-metre block with side and rear lane access further supports potential for subdivision, dual occupancy, or home-and-business use. This property is best suited to an investor or buyer-occupier who values configuration options over finish quality, and who sees the land and zoning as the primary value drivers rather than the existing dwelling. The modest weatherboard house and its periodic tenancy at $220 per week suggest the current structure contributes limited rental income relative to land value. The gross yield sits in a low range, meaning the property’s investment case rests on capital growth or redevelopment potential rather than cash flow. The absence of confirmed renovations, modern finishes, or air-conditioning may require near-term capital outlay. Buyers should weigh the cost of upgrading or replacing the dwelling against the property’s central location and zoning flexibility when forming a view on price.