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16 Mary Street, Stawell, VIC 3380, 6 Bedrooms, 3 Bathrooms, Unit

$580,000-$590,000

16 Mary Street, Stawell, VIC 3380

6
3
3
840m2
UnitListed on Tue Dec 3

Stawell 6 Bedroom Fantastic Investment Opportunity

This fantastic investment opportunity includes three two bedroom units neatly bundled on a corner allotment of approximately 840m2 generating an impressive 7.2% (approx.) gross return on investment.

The property known as 16 Mary Street is a two bedroom home, both bedrooms feature built in robes. The spacious lounge room has reverse cycle split system air conditioning and opens to the dining area that is in turn open to the kitchen with electric cooking. The bathroom has a shower and vanity and the laundry and toilet are separate. Outside there is a single carport with remote roller door access and a handy shed of approximately 5m x 3.5m with a concrete floor and power connected. Currently on a fixed lease returning $265 per week.

Known as 1/12 Cypress Street, this unit has built in robes to one of the two bedrooms, a reverse cycle split system air conditioner to the open plan lounge and kitchen. The kitchen has gas cooking and the bathroom has a shower, vanity and toilet and incorporates the laundry. Outside there is an undercover entertaining area and single carport. Currently on a fixed lease returning $260 per week.

2/12 Cypress Street has two bedrooms, refrigerated in wall air conditioning and gas heating in the loungeroom that opens to the kitchen with gas cooking. The bathroom has a shower, vanity and toilet and also incorporates the laundry. Outside there is an undercover entertaining area and single carport. Also on a fixed lease returning $280 per week.

With a great return and a solid rental history, this property is well worth the consideration of all astute investors.

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Stawell Primary School
0.62 km
Primary
Prep-6
Government
icsea: 973
Stawell Secondary College
2.18 km
Secondary
7-12
Government
icsea: 952

Property history

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Stawell surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
3 Anne St, Stawell
0.10 km
2
2
-m2
Year 2024 Month 11 Day 12
$229,000
Council approved
46 Ligar Street, Stawell
0.54 km
3
1
-m2
Year 2024 Month 10 Day 27
$270,000
Council approved
8 Stanton St, Stawell
0.46 km
3
2
-m2
Year 2024 Month 10 Day 17
$425,000
Council approved
14 Rose Street, Stawell
0.29 km
3
1
-m2
Year 2024 Month 09 Day 19
-
Council approved
6 Curtis Street, Stawell
0.63 km
3
1
-m2
Year 2024 Month 08 Day 08
-
Council approved

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Ref:64P4043Last update:2025-01-21 04:58:08