64 McMahon Street
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About this property
Such an investment opportunity is rare in St Arnaud. Located metres from the main street are 4 brick units all currently tenanted. To be sold as a whole, the property includes 3 carports and 1 garage. Unit 1 - 2 bedrooms, lounge/kitchen with electric cooking and split system and bathroom/laundry with shower, vanity and toilet. Currently rented at $250 per week. Unit 2 - 2 bedrooms, lounge/kitchen with split system and new electric stove and bathroom/laundry with shower, vanity and toilet. Currently rented at $210 per week. Unit 3 - 1 bedroom, lounge/kitchen with electric cooking and split system and bathroom/laundry with shower, vanity and toilet. Currently rented at $210 per week. Unit 4 - 2 bedrooms, lounge/kitchen with split system and new electric oven and bathroom/laundry with shower, vanity and toilet. Currently rented at $230 per week. Gross Rent $46,800 per annum. Gross Return 7.6%
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 7
- Bathrooms
- 7
- Parking
- 4
- Listed
- 3 months ago
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Neighbourhood
Living in St Arnaud
This 7-bedroom land in St Arnaud, VIC 3478 sits within reach of public transport, local shops and nearby schools. It is listed 127% above the $269,000 median of 35 comparable landswithin 5 km.
Schools near St Arnaud
- St Arnaud Primary Schoolprimary · Prep-6 · CoEd
- St Arnaud Secondary Collegesecondary · 7-12 · CoEd
What's nearby
- Dundas Street (bus) — 413 m away
- Parkview Bakery — 228 m away
- Chas McKenny Track — 352 m away
- Unnamed — 366 m away
- Unnamed — 382 m away
St Arnaud at a glance
Full suburb profile- Population
- 2,318
- Median age
- 52
- Household income
- $920/wk
- Median rent
- $188/wk
- Median mortgage
- $867/mo
Source: ABS Census.
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Suburb market
Suburb price trend
St Arnaud price trend
Median sold · House 3 bed
Compound growth +3.0% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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