29 Mt Gambier Road

Off Market

29 Mt Gambier Road

Casterton VIC 3311

2185 m²

Block of units

Last sold for $711,068

Sam Groves, last sold this property on 01 June 2026 after 248 days on market.

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 Sam Groves for more information or to arrange an inspection!

Features

10 bedrooms

7 bathrooms

2185 m² lot size

Block of units

Estimated Value

We need at least 3 similar 10 bedroom block of units sold in Casterton over the last 12 months.

Property history for 29 Mt Gambier Road

2026

Sold

$711,068

Private Sale/Treaty on 01 Jun 2026 by Sam Groves, of Groves Real Estate

Happy sellers in Casterton

87%

87% 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 12 reviews in Casterton over the last 12 months.

Local market activity for 10 bedroom block of units in Casterton

Sold

For Sale

For Rent

Interested in selling?

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

Sarah Widdicombe

at Nutrien Harcourts Casterton

(43 reviews)

Get a free market appraisal

Greg Fathers

at Property Plus Real Estate

4.9

(29 reviews)

Get a free market appraisal

Tammy Knight

at Elders Real Estate Casterton

Get a free market appraisal

Sam Groves

at Groves Real Estate

(1 review)

Get a free market appraisal

Nearby agents

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

Sarah Widdicombe

Sarah Widdicombe is an award winning recommended agent for Casterton. They have 33 local sales and collected 13 local reviews across the last 12 months.