5 Russell Street
Compare with other listings
See it side-by-side · winner per row · AI verdict.
Photos via the original listing. All photographs remain the property of their respective owners.
Maps & AI
Ask StMate AI
AI Property Assistant
Ask anything about this property
Approximate location shown. Contact agent for exact address.
Gallery
Property Photos
Listing description
About this property
A rare opportunity for astute investors, Macarthur Park Country Cottages presents a secure asset in Victoria's rapidly growing South West region. This established complex comprises nine self-contained units on an elevated allotment with outlooks toward the Eumarella River, offering both cashflow and long-term growth potential. The property provides opportunity for reliable, consistent income with clear scope to further enhance returns through permanent leasing, rental optimisation, or increased short-stay and tourist-focused offerings. The complex includes two one-bedroom apartments and seven studio units, each fitted with reverse-cycle heating and cooling and fully equipped kitchens with recently upgraded stoves and ovens. A shared coin-operated laundry, complete with two commercial washers and two commercial dryers, adds further convenience and revenue opportunity. Investors will appreciate the genuine walk-inwalk-out nature of this sale. The offering includes all furniture, appliances, televisions, linen, cutlery, crockery, household supplies and a ride-on mower, enabling seamless continuity of operations from day one. Macarthur's appeal continues to strengthen, drawing visitors year-round with its proximity to major natural attractions. Local amenities such as a nine-hole golf course, bowls club and community pool further enhance tenant and guest demand. Positioned approximately 30 minutes from Hamilton, 35 minutes from Port Fairy and 55 minutes from Warrnambool, Macarthur offers an ideal base for both short-term tourism and long-term accommodation needs. Macarthur Park Country Cottages represents a rare opportunity to secure a high-performing investment with strong upside in a region known for both its economic stability and tourism growth. Inspections are strongly encouraged and available strictly by appointment with the selling agent.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 9
- Bathrooms
- 9
- Land Area
- 3314 m²
- Listed
- 3 months ago
Repayment calculator
Upfront costs
Know what you can borrow
Talk to a mortgage broker about pre-approval and your best rate — free, no obligation.
Inspections
Interested in inspecting this property?
Check the next open inspection time or request a private viewing on Domain.
Book inspection on DomainWork at Groves Real Estate? Claim this listing to sync your ads with StMate.
Neighbourhood
Living in Macarthur
This 9-bedroom land in Macarthur, VIC 3286 sits within reach of and nearby schools. It is listed 63% above the $548,000 median of 8 comparable landswithin 5 km.
Schools near Macarthur
- Macarthur Primary Schoolprimary · Prep-5 · CoEd
Macarthur at a glance
Full suburb profile- Population
- 469
- Median age
- 51
- Household income
- $1,059/wk
- Median rent
- $158/wk
- Median mortgage
- $819/mo
Source: ABS Census.
Generate Property Report
Get a comprehensive analysis of this property across 10 data dimensions including schools, zoning, traffic, transport, noise, flood risk, bushfire, crime, development, and heritage.
This listing
Price history
Price history
Listing price changes
1 price change recorded for this property
See exactly how this listing's price has moved over time— a paid feature. The figures aren't shown publicly.
Side-by-side analysis
Compare with similar properties
Similar lands in the same price range in Macarthur and nearby — see how this property stacks up.
Within 5km