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29 Mt Gambier Road

Casterton VIC 3311

10
7
2185 m²
Block of units
Currently for sale - view listing

Overview

Investment opportunity

An exceptional opportunity awaits investors with this solid block of seven units, all held on one title and currently tenanted, ensuring immediate income from day one. Situated on a generous 2,185m² parcel of land, this property offers excellent potential for long-term capital growth and strong rental returns. The complex comprises a mix of unit sizes to appeal to a broad tenant base. Unit 1 features three bedrooms and one bathroom; Unit 2 offers two bedrooms and one bathroom; and Units 3 to 7 each include one bedroom and one bathroom. This diversity enhances the property's rental appeal and minimises vacancy risk. Tenants enjoy shared laundry facilities, ample parking areas, and a convenient location close to local amenities, making the complex an attractive option for ongoing tenancy. Whether you're looking to expand your portfolio or secure a reliable, income-generating investment, this block of units represents a rare and rewarding opportunity. Current rent return exceeds $1,500 per week across the 7 units Contact Torie Coomber or Sam Groves for more information or to arrange an inspection!

Features

10 bedrooms
7 bathrooms
2185 m² lot size
Block of units

Happy sellers in Casterton

86%
86% of sellers in Casterton reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 11 reviews in Casterton over the last 12 months.

Local market activity for 10 bedroom block of units in Casterton

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