Solid Investment Opportunity – Three Units on One Title
Positioned in the heart of Inverleigh, this unique offering presents three well-maintained units on a single title, ideal for investors seeking immediate rental income with future upside.
Set on a generous 2,068m² (approx.) allotment, the property comprises three comfortable units with practical layouts and recent improvements completed across the residences. Updates include fresh paint, upgraded wet areas, new flooring to selected areas, and reverse cycle heating/cooling to two of the units, enhancing overall tenant appeal.
Currently returning approximately $3,860 per calendar month combined, the property provides a solid rental income with clear potential for future rental growth.
Current Rental Return:
• Unit 1 – $310 per week (with room to increase)
• Unit 2 – $300 per week (with room to increase)
• Unit 3 – $280 per week (with room to increase)
This is an excellent opportunity for investors looking for a low-maintenance, income-producing asset with long-term upside in a tightly held regional township.
Key Features:
• Three units on one title
• Approx. 2,068m² landholding
• Combined rental return of approx. $3,860 per month
• Opportunity for future rental growth
• Updated interiors including bathrooms, flooring, and paint
• Reverse cycle heating/cooling in two units
• Strong long-term investment potential
Located close to Inverleigh township amenities and within easy reach of Geelong, this is a rare opportunity to secure a multi-dwelling investment in a tightly held location.
A quality investment with immediate income and future potential.
Please note, all information is provided by third parties. Prospective purchasers are advised to make their own enquiries with respect to the accuracy of information relating to properties. Andrews Estate Agents will not be liable for any loss resulting from any action or decision by you in reliance on the information supplied.
Features
6 bedrooms
3 bathrooms
directions_car3 carspaces
3 open car spaces
crop_free2068 m² lot size
cottageBlock of units
Property history for 70 Napier St
2019
Rented
Undisclosed
Leased on 12 Sep 2019 by Stockdale & Leggo - Bannockburn
Happy sellers in Inverleigh
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Local market activity for 6 bedroom block of units in Inverleigh
Sold
For Sale
For Rent
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