Opportunities like this are rarely offered to the market, presenting a unique chance to secure multiple income streams within a single holding. Set across a generous 1,635sqm* allotment in a convenient Maryborough location, this property combines character-filled living with outstanding investment potential, featuring two well-proportioned units alongside a separate residence at the rear.
With charming period features including VJ walls, high ceilings and decorative finishes, the front dwellings offer a warm and inviting feel, complemented by practical layouts and comfortable living spaces designed for everyday ease.
What truly sets this property apart is its versatility and long-term value.
With two long-term tenants already in place, there is opportunity to rent Unit 3 to maximise rental returns, or move in yourself and landbank for future growth. Sitting on one title and no body corporate fees, this is a tightly held asset that provides both immediate income and future upside. Positioned close to schools, shops and key amenities, it's a compelling opportunity for investors seeking scale, simplicity and strong potential in one strategic purchase.
At a Glance:
- Multiple rental income streams, with 2 tenants already in place
- 1,635sqm* allotment with three dwellings on one title
- Two units plus a separate cottage
- 6 bedrooms and 6 bathrooms across the property
- Car accommodation provided for each dwelling (3 car total)
- Character features including VJ walls and high ceilings
- Multiple living zones with flexible layouts
- No body corporate fees
- Central location close to schools, shops and transport
Current rental returns:
- House (1/196 John St) - $420pw (6/6/26 - 5/6/27)
- Unit 2 - $410pw (28/6/26 - 27/6/27)
- Unit 3 - VACANT. Rental appraisal of $460-$490pw
Contact Tom Hagan on 0438 769 721 or Sian Davis on 0473 110 144 to arrange your inspection.
* Denotes approximate
Features
6 bedrooms
6 bathrooms
directions_car3 carspaces
crop_free1635 m² lot size
cottageBlock of units
Property history for 196 John St
2021
Rented
Undisclosed
Leased on 04 Jun 2021 by Ray White Maryborough
2018
Rented
Undisclosed
Leased on 10 Dec 2018 by Ray White Maryborough
2018
Rented
Undisclosed
Leased on 18 Feb 2018 by Ray White Maryborough
Happy sellers in Maryborough
93%
sentiment_very_satisfied
93% 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 67 reviews in Maryborough over the last 12 months.
Local market activity for 6 bedroom block of units in Maryborough
Sold
For Sale
For Rent
View the listing for inspection times, agent contact details, and more.