1/4 Sutherland Street

Stawell VIC 3380

674 m²

Block of units

Last sold for $304,199

Adam Walker, last sold this property on 09 September 2026 after -1 days on market.

Overview

High-Yield Investment - 7.48% Return

A rare and rewarding investment opportunity awaits with this fully furnished dual-unit property, delivering an impressive combined rental return of $900 per week, equating to approximately $46,800 per annum. With both units enjoying a strong rental history of $450 per week each, this is the ideal addition to an established portfolio, a smart entry point for first-time investors, or a versatile opportunity to live in one unit while renting out the other to help pay down your mortgage. Adding further security, Unit 1 is leased to a corporate tenant on a fixed-term agreement until 30 October 2026, providing immediate income and peace of mind. An outstanding feature of this offering is that each unit is separately titled, providing flexibility and future upside for investors. Whether you choose to retain both dwellings for maximum rental income or explore selling individually at a later date, the separate titles add significant value and versatility. The vendor may also consider selling the units separately, presenting a unique opportunity for buyers seeking an individual investment property, with individual rental returns for each of the units being 7.7% gross. Extensively updated throughout 2023-2024, both modern three-bedroom residences have benefited from significant improvements, including updated internal electrical and plumbing services, creating a low-maintenance, worry-free investment for years to come. The light-filled open-plan living zones feature polished timber floorboards, reverse-cycle split-system heating and cooling, ceiling fans and contemporary finishes throughout. Each modern kitchen offers excellent storage, electric cooking, a dishwasher and seamless connection to the living area. Designed for practical everyday living, both units include three bedrooms with robes, a shared ensuite-style bathroom, separate bathroom-laundry, separate toilet and updated window furnishings throughout. Outside, tenants will appreciate the large covered entertaining deck, private fenced outdoor space, established gardens, garden shed and separate single carport. Conveniently positioned just 1.7km from Stawell's Main Street, with schools, kindergartens, supermarkets and local amenities close by, the property also enjoys easy access to transport, located only 1.3km from Stawell Railway Station-approximately a 3-minute drive or 15-minute walk. Fully furnished, separately titled and generating a strong annual rental income of approximately $46,800, this is a standout opportunity for investors seeking immediate cash flow, future flexibility and long-term growth potential.

Features

6 bedrooms

2 bathrooms

2 carspaces

2 carport spaces

674 m² lot size

Block of units

Estimated Value

We need at least 3 similar 6 bedroom block of units sold in Stawell over the last 12 months.

Property history for 1/4 Sutherland Street

2026

Rented

Undisclosed

Leased on 22 Oct 2026 by Ray White Ararat

2026

Sold

$304,199

09 Sep 2026 by Adam Walker, of Ray White Ararat

2024

Rented

Undisclosed

Leased on 25 Sep 2024 by Monaghan's Real Estate Pty Ltd

Happy sellers in Stawell

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