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5 Russell Street, Macarthur$895,000
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5 Russell Street

Macarthur, VIC 3286, Australia
$895,000
9 bed 9 bath3314 m²

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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

$4,339/month
$2,169 /fortnight
Loan $716,000 at 6.10% over 30 years

Upfront costs

Deposit$179,000
Stamp duty$48,770
Conveyancing (est.)$2,000
Total upfront$229,770
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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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.

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