This well-located unit block in Shepparton presents an outstanding investment opportunity, just moments from Victoria Park Lake, Shepparton Art Museum, the CBD, schools, and local amenities, set on approximately 874m2.
Returning approximately $85,500 per annum, the property offers a strong rental yield of around 6–7% annually. All six 1-bedroom units are currently tenanted, with the majority occupied by long-term tenants, providing immediate and reliable income.
Importantly, the property was not affected by the 2022 floods, adding further confidence for investors. The complex also includes four carports, with two units positioned privately behind the front block of four.
With solid rental returns, quality tenants, and excellent future growth potential, this is a fantastic addition to any investment portfolio.
Property Code: 1646