92 Mackellar Street Benalla VIC 3672

Renovated 4-bed family home | large 853m² lot | flood overlay present | strong rental yield ~5% | FTTP NBN This property presents a competitively strong, spacious family home on a large block, a configuration increasingly rare in the market. Its full renovation and multiple living zones position it above typical local stock, serving owner-occupiers seeking modern comfort or investors targeting durable rental demand from families zoned for the local P-12 college. The calculated gross rental yield is robust for a house of this type. The primary decision mechanism is the identified flood overlay, which imposes potential insurance costs and resale complexity, directly costing the buyer in due diligence and ongoing risk. The commercial logic lies in acquiring a renovated, high-yielding property where the overlay may be priced in. Proceed with a conditional offer contingent on detailed flood impact assessment and insurance verification. Our property report can precisely quantify locality risks and validate its real market valuation against current sales.