1-4 37 William Street, Castlemaine VIC 3450

This substantial residential allotment in the vicinity of 2400m2, with a gentle slope falling to the rear facing north, and within 1 kilometre of the town centre, currently includes four units on one title. Showing an annual return of approx. $53,000 per annum, a return of approx. 5.5%; the property allows for a sound investment or the option to further develop into individual titles with the possibility of building more units. Each of the units offer two bedrooms, lounge with adjoining galley kitchen, bathroom, separate laundry, small rear courtyard and carport. Many options await.