29-31 Mt Gambier Road Casterton VIC 3311
For Sale $770,000
- Property Type Block of Units
- Land area approx 1156.00sqm
- Region Barwon South West
- Locality Glenelg
Investment opportunity
An exceptional opportunity awaits investors with this solid block of seven units, all held on one title and currently tenanted, ensuring immediate income from day one. Situated on a generous 1,156m² parcel of land, this property offers excellent potential for long-term capital growth and strong rental returns.
The complex comprises a mix of unit sizes to appeal to a broad tenant base. Unit 1 features three bedrooms and one bathroom; Unit 2 offers two bedrooms and one bathroom; and Units 3 to 7 each include one bedroom and one bathroom. This diversity enhances the property's rental appeal and minimises vacancy risk.
Tenants enjoy shared laundry facilities, ample parking areas, and a convenient location close to local amenities, making the complex an attractive option for ongoing tenancy.
Whether you're looking to expand your portfolio or secure a reliable, income-generating investment, this block of units represents a rare and rewarding opportunity.
Current rent return exceeds $1,500 per week across the 7 units
Contact Torie Coomber or Sam Groves for more information or to arrange an inspection!
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Call Agent
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Torie CoomberGroves Real Estate
Call Agent
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Sam GrovesGroves Real Estate