This is not just another residential investment.
5-7/33 Lampe Avenue: macarthurre.au/33lampe

31-33 Lampe Avenue is a rare opportunity to secure an entire income-producing unit complex in one line, offering seven renovated two-bedroom units across two separate titles, with no strata, no body corporate and complete control over the asset.

Positioned in a highly convenient central Wagga Wagga location, this fully leased complex delivers immediate income, strong tenant appeal and the type of portfolio-style holding that is increasingly difficult to find.

Comprising Units 1-4 at 31 Lampe Avenue and Units 5-7 at 33 Lampe Avenue, the opportunity provides seven separate rental incomes from one tightly held complex. Each unit offers two bedrooms, one bathroom and one car space, with recently updated interiors that have helped secure consistent tenant demand.

For investors, this is the type of asset that offers scale without complication. No strata meetings. No shared decision-making. No separate owners to negotiate with. Just seven income streams, two titles and one controlled investment.

Investment Highlights:
- Seven renovated two-bedroom units in one complex
- Two separate titles: Units 1-4 at 31 Lampe and Units 5-7 at 33 Lampe
- No strata and no body corporate
- Fully leased investment with immediate income
- Current total rent: $3,080 per week
- Gross annual rental income: approximately $160,160
- Estimated combined net income: approximately $148,590 per annum
- Central Wagga Wagga position close to shops, cafés, schools, services and the CBD
- Strong tenant appeal with low-maintenance layouts and modern finishes
- Option to purchase as a complete portfolio-style holding

Units 1-4/31 Lampe Avenue
- 31 Lampe Avenue comprises four renovated two-bedroom units, each with one bathroom and one car space.
- Current gross income is approximately $92,040 per annum, with estimated net income of approximately $86,255 per annum.

Units 5-7/33 Lampe Avenue
- 33 Lampe Avenue comprises three renovated two-bedroom units, each with one bathroom and one car space.
- Current gross income is approximately $68,120 per annum, with estimated net income of approximately $62,335 per annum. Unit 6 also has a scheduled rent increase to $450 per week from 21 November 2026, providing a further uplift to the income profile.

Together, 31 and 33 Lampe Avenue present a rare chance to purchase a complete seven-unit investment complex with scale, income and control.

For investors looking to grow a portfolio quickly, this is the kind of asset that replaces multiple smaller purchases with one consolidated holding. For SMSF buyers, syndicates, family investors or portfolio builders, the appeal is clear: seven separate income streams, renovated accommodation, strong CBD tenant demand and ownership control without strata interference.

Opportunities to purchase a full residential complex in central Wagga Wagga are limited. Opportunities to purchase one that is renovated, leased and already producing approximately $160,160 per annum in gross rent are even rarer.

In preparing this advertisement, we have used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility or liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should rely on their own enquiries to verify the information contained in this advertisement. Photographs may be digitally enhanced for advertising.