1-3 Nardoo Street & 42-44 Margaret Street

1-3 Nardoo Street & 42-44 Margaret Street is a prime opportunity for those looking to capitalise on taking advantage of purchasing 2 triplexes in one line plus vacant land with potential development. The triplexes are on 2 titles, sharing a vacant block that can be used for further development. All 6 units are currently rented and are offered to the rental market as aged care affordable living - absolutely perfect for Government Housing/NDIS Suppliers, farming families and sophisticated investors looking for a cash flow opportunity to add to your property portfolio. You can purchase one or both triplexes. Property Summary: Complex of ground level units 6 x (2-bedroom, 1 bath, 1 car) Solid brick build, exceptional condition 2,023m² per site on 2 titles (4046sqm combined land - room for further development) No body corporate fees Ultra-low maintenance grounds Development potential 500m to Millmerran Shopping Centre Separate remote lock up garages Security screens & ceiling fans Spacious built-in bedrooms Separate full-sized laundries Combined living and dining Wheelchair Friendly Tenancy Agreements: 1/1-3 Nardoo Street: Current MacLean Care Worker - Rental Appraisal $350/week 2/1-3 Nardoo Street: Lease to 31 August 2026 @ $220/week 3/1-3 Nardoo Street: Lease to 28 July 2026 @ $285/week 1/42-44 Margaret Street: Lease to 27 July 2026 @$285/week 2/42-44 Margaret Street: Lease to 2 March 2027 @$285/week 3/42-44 Margaret Street: Lease to 28 July 2026 @ $285/week Outgoings: Water Rates: 1-3 Nardoo Street: $719.82 per half+ 42-44 Margaret Street: $899.91 per half Land Rates: 1-3 Nardoo Street: $1,582.06 per half + 42-44 Margaret Street: $1,582.06 per half Body Corporate Fees: $0 (Units offered in 1 line as they are not strata-titled)