Back 149 Commercial St
Off Market

149 Commercial St

Merbein VIC 3505

4
2
812 m²
House
Damian PortaroDamian Portaro, last sold this property on 14 April 2014 after 72 days on market.

Overview

CASHFLOW GOLDMINE - 2 houses + 1 title = 9% return!

RARE FIND! Looking for positive cash flow? Then look no further! This exceptional investment opportunity offers not one, but TWO dwellings on a single 812sqm title, with combined rental returns of 9%+. All the hard work has already been done for you, with new carpets and stunning polished floor boards throughout the 3 bedroom house. This appealing easy-renter is ready-to-go with an appraised rental of $210pw. The spacious separate self-contained one bedroom unit is set up for your tenant's year-round comfort, with slow-combustion heating plus split system installed, and is currently leased to an A-grade tenant at $140 per week. Ideally located within easy walking distance of great local shops and schools, both dwellings are sure to always be in demand by quality tenants. With the combined appraised rent totalling $350pw, there's nothing left to do but pop a tenant in the house and enjoy positive cash flow from day one while your intelligent investment goes up in value! Current owner reluctantly selling this cash cow due to other commitments - meaning this is your lucky day! But you'll need to act quickly! With the attractive cash flow, a 9%+ rental yield, excellent depreciation benefits and the possibility of subdivision (STCA), this extremely rare opportunity won't last. Don't miss out - Call now before another smart investor snaps up your cash flow goldmine!

Features

4 bedrooms
2 bathrooms
812 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Merbein over the last 12 months, the estimated median property value of 149 Commercial St is $635k.

Median value
$635k
Estimated value range
$350k - $840k
Median days on market
36
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Merbein. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 149 Commercial St

2018
Rented
Undisclosed
Leased on 25 May 2018 by Barry Plant Mildura
2018
Rented
Undisclosed
Leased on 24 May 2018 by Barry Plant Mildura
2017
Rented
Undisclosed
Leased on 24 Jan 2017 by Barry Plant Mildura

Happy sellers in Merbein

87%
87% of sellers in Merbein reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 9 reviews in Merbein over the last 12 months.

Local market activity for 4 bedroom houses in Merbein

In the last 12 months, 13 four-bedroom houses similar to 149 Commercial St, have been sold.

This represents a 24% increase in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

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

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent