64 McMahon Street, St Arnaud, VIC, 3478

For Sale

64 McMahon Street, St Arnaud, VIC, 3478

$610,000

BlockOfUnits

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30+ days on the market

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Inspection times

Inspections are by appointment only.

What's around 64 McMahon Street

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%