1 & 2/4 Sutherland Street

Sale By Fixed Date - Monday 13th July, 2026 at 12pm. (Unless sold Prior). Indicative Price Range - $604,000 - $650,000. A rare and rewarding investment opportunity awaits with this fully furnished dual-unit property, delivering an impressive combined rental return of $900 per week, equating to approximately $46,800 per annum. With both units enjoying a strong rental history of $450 per week each, this is the ideal addition to an established portfolio, a smart entry point for first-time investors, or a versatile opportunity to live in one unit while renting out the other to help pay down your mortgage. Adding further security, Unit 1 is leased to a corporate tenant on a fixed-term agreement until 30 October 2026, providing immediate income and peace of mind. An outstanding feature of this offering is that each unit is separately titled, providing flexibility and future upside for investors. Whether you choose to retain both dwellings for maximum rental income or explore selling individually at a later date, the separate titles add significant value and versatility. The vendor may also consider selling the units separately, presenting a unique opportunity for buyers seeking an individual investment property, with individual rental returns for each of the units being 7.7% gross. Extensively updated throughout 2023-2024, both modern three-bedroom residences have benefited from significant improvements, including updated internal electrical and plumbing services, creating a low-maintenance, worry-free investment for years to come. The light-filled open-plan living zones feature polished timber floorboards, reverse-cycle split-system heating and cooling, ceiling fans and contemporary finishes throughout. Each modern kitchen offers excellent storage, electric cooking, a dishwasher and seamless connection to the living area. Designed for practical everyday living, both units include three bedrooms with robes, a shared ensuite-style bathroom, separate bathroom-laundry, separate toilet and updated window furnishings throughout. Outside, tenants will appreciate the large covered entertaining deck, private fenced outdoor space, established gardens, garden shed and separate single carport. Conveniently positioned just 1.7km from Stawell's Main Street, with schools, kindergartens, supermarkets and local amenities close by, the property also enjoys easy access to transport, located only 1.3km from Stawell Railway Station-approximately a 3-minute drive or 15-minute walk. Fully furnished, separately titled and generating a strong annual rental income of approximately $46,800, this is a standout opportunity for investors seeking immediate cash flow, future flexibility and long-term growth potential.