64 McMahon Street

St Arnaud VIC 3478

Block of units

Currently for sale - view listing

Overview

Great Investment Opportunity - 4 Units - 1 Title

Such an investment opportunity is rare in St Arnaud. Located metres from the main street are 4 brick units all currently tenanted. To be sold as a whole, the property includes 3 carports and 1 garage. Unit 1 - 2 bedrooms, lounge/kitchen with electric cooking and split system and bathroom/laundry with shower, vanity and toilet. Currently rented at $250 per week. Unit 2 - 2 bedrooms, lounge/kitchen with split system and new electric stove and bathroom/laundry with shower, vanity and toilet. Currently rented at $210 per week. Unit 3 - 1 bedroom, lounge/kitchen with electric cooking and split system and bathroom/laundry with shower, vanity and toilet. Currently rented at $210 per week. Unit 4 - 2 bedrooms, lounge/kitchen with split system and new electric oven and bathroom/laundry with shower, vanity and toilet. Currently rented at $230 per week. Gross Rent $46,800 per annum. Gross Return 7.6%