1-3/107 Simpson Street
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About this property
Situated in the highly sought-after suburb of Ballarat North, this well-maintained complex of three units presents an outstanding investment opportunity, with all three to be sold as one. Conveniently located close to quality schools, shopping facilities and everyday amenities, this is a low-maintenance addition to any investment portfolio. Each unit is currently leased, returning a combined rental income of approximately $730 per week. Unit 1 comprises two bedrooms, while Units 2 and 3 each offer one-bedroom accommodation. All three units feature a single carport and private, low-maintenance yards, ensuring ongoing appeal to tenants. Whether you're looking to expand your investment portfolio or secure a set-and-forget asset in a blue-chip location, this is an opportunity not to be missed.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 4
- Bathrooms
- 3
- Parking
- 3
- Listed
- 3 weeks ago
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Neighbourhood
Living in Ballarat North
This 4-bedroom land in Ballarat North, VIC 3350 sits within reach of public transport, local shops and nearby schools. It is listed 13% above the $695,000 median of 61 comparable landswithin 5 km.
Schools near Ballarat North
- St Columba's Schoolprimary · Prep-6 · CoEd
What's nearby
- Unnamed (bus) — 698 m away
- The Laundry King — 105 m away
- Inkerman Gully Reserve — 153 m away
- Unnamed — 380 m away
- Bullock Gully Reserve — 415 m away
Ballarat North at a glance
Full suburb profile- Population
- 4,041
- Median age
- 43
- Household income
- $1,290/wk
- Median rent
- $285/wk
- Median mortgage
- $1,416/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Ballarat North price trend
Median sold · House 4 bed
Compound growth +1.2% / yr over 4 yrs
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Full Ballarat North marketThis listing
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Listing price changes
1 price change recorded for this property
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