1-4/20 Rinford Street

Off Market

1-4/20 Rinford Street

Maryborough VIC 3465

934 m²

Block of units

Last sold for $600,000

David Graham, last sold this property on 10 April 2026 after 28 days on market.

Overview

Multi-Unit Investment Opportunity with Solid Rental Return

Positioned in a quiet and well-regarded location, this block of four one-bedroom units presents a compelling opportunity for investors seeking reliable income and long-term potential. Set on a generous allotment of approximately 934m², the property offers four self-contained units, each with its own practical layout and comfortable living space. Each unit features a combined kitchen, living and dining area, gas cooking, split system heating and cooling, a bathroom with shower, separate WC and laundry facilities. A single carport is allocated to each residence, along with access to a shared yard area, providing convenient off-street parking and outdoor space for tenants. While the units offer modest and functional accommodation, the property has demonstrated strong rental demand with historically low vacancy, making it a dependable addition to an investment portfolio. Current Rental Income Unit 1: $230 per week Unit 2: $185 per week Unit 3: $230 per week Unit 4: $220 per week, increasing to $230 per week from 5 June 2026 This provides a current combined rental return of $865 per week (approx. $44,980 per annum), increasing to $875 per week (approx. $45,500 per annum) once the scheduled rent increase takes effect. With a price guide of $550,000 $600,000, the property represents an attractive gross rental yield of approximately 7.5% 8.3%, offering solid cash flow potential for investors. Please contact us for further information or to arrange an inspection. Please note the units may contain asbestos.

Features

4 bedrooms

4 bathrooms

4 carspaces

934 m² lot size

Block of units

Estimated Value

We need at least 3 similar 4 bedroom block of units sold in Maryborough over the last 12 months.

Property history for 1-4/20 Rinford Street

2026

Sold

$600,000

Private Sale/Treaty on 10 Apr 2026 by David Graham, of Professionals Maryborough

Happy sellers in Maryborough

81%

81% of sellers in Maryborough reported that their sale price either exceeded or met their price expectations.

Maryborough stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 42 reviews in Maryborough over the last 12 months.

Local market activity for 4 bedroom block of units in Maryborough

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Maryborough for a free market appraisal.

Kate Ashton

at Maryborough Ballarat Real Estate

(245 reviews)

Get a free market appraisal

Sandi Grogan

at Maryborough Ballarat Real Estate

(47 reviews)

Get a free market appraisal

Kim Birnie

at Exp Australia VIC

(13 reviews)

Get a free market appraisal

Lynelle Trickey

at Property Plus Real Estate

4.8

(5 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Maryborough

Kate Ashton

Sellers who recommend Kate Ashton have praised them for being local expert, clear communication, responsive, friendly, reliable, supportive and honest