196 John Street
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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage
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About this property
Opportunities like this are rarely offered to the market, presenting a unique chance to secure multiple income streams within a single holding. Set across a generous 1,635sqm* allotment in a convenient Maryborough location, this property combines character-filled living with outstanding investment potential, featuring two well-proportioned units alongside a separate residence at the rear. With charming period features including VJ walls, high ceilings and decorative finishes, the front dwellings offer a warm and inviting feel, complemented by practical layouts and comfortable living spaces designed for everyday ease. What truly sets this property apart is its versatility and long-term value. With two long-term tenants already in place, there is opportunity to rent Unit 3 to maximise rental returns, or move in yourself and landbank for future growth. Sitting on one title and no body corporate fees, this is a tightly held asset that provides both immediate income and future upside. Positioned close to schools, shops and key amenities, it's a compelling opportunity for investors seeking scale, simplicity and strong potential in one strategic purchase. At a Glance: - Multiple rental income streams, with 2 tenants already in place - 1,635sqm* allotment with three dwellings on one title - Two units plus a separate cottage - 6 bedrooms and 6 bathrooms across the property - Car accommodation provided for each dwelling (3 car total) - Character features including VJ walls and high ceilings - Multiple living zones with flexible layouts - No body corporate fees - Central location close to schools, shops and transport Current rental returns: - House (1/196 John St) - $420pw (6/6/26 - 5/6/27) - Unit 2 - $410pw (28/6/26 - 27/6/27) - Unit 3 - VACANT. Rental appraisal of $460-$490pw Contact Tom Hagan on 0438 769 721 or Sian Davis on 0473 110 144 to arrange your inspection. * Denotes approximate
Property Features
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Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 6
- Parking
- 3
- Land Area
- 1635m²
- Listed
- 3 days ago
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Features
KEY LOCATION WITH GREAT OPPORTUNITY
Within 5km