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Block of Units for Sale in Pyramid Hill
Exceptional Four-Unit Investment Opportunity
- 4 Beds
- 4 Baths
- 4 Cars
Positioned in the heart of Pyramid Hill, 35 Ottrey Street presents a unique investment opportunity with four separate one-bedroom, one-bathroom units on a generous 993sqm allotment. Offering flexibility and multiple income streams, this property is ideally suited to investors looking to secure an established income-producing asset.
The property comprises four bedrooms, four bathrooms, and four-car accommodation, with each unit configured as a self-contained one-bedroom, one-bathroom residence. This separation provides privacy for occupants while offering the benefit of multiple tenancies from a single property.
Currently returning a combined $610 per week, the property provides an immediate and established rental income stream, with each unit contributing individually to the overall return. Unit 1 is currently leased at $165 per week, Unit 2 at $125 per week, Unit 3 at $160 per week, and Unit 4 at $165 per week. This diversified rental structure provides investors with the advantage of multiple income streams within a single holding.
Set on a substantial 993sqm block, there is plenty of space surrounding the units, while the four-car accommodation provides additional convenience for tenants. The property's configuration and established rental income make it an appealing option for investors seeking diversification within a single holding.
Conveniently positioned approximately a one-hour drive from the centre of Bendigo, the property offers the opportunity to enjoy the benefits of a regional township while remaining within easy reach of the city's broader services and amenities.
With four separate residences, multiple income streams, and a strong existing tenancy position, this property offers a rare opportunity to secure a versatile investment with immediate rental return, convenient regional accessibility and long-term potential.
166m²
993m² / 0.24 acres
4 off street parks
4
4
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
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