$895,000

9 Bed  •  9 Bath  •  0 Car  •  3314m²

Main view of Homely block of units listing, 5 Russell Street, Macarthur VIC 3286
Second view of Homely block of units listing, 5 Russell Street, Macarthur VIC 3286
Third view of Homely block of units listing, 5 Russell Street, Macarthur VIC 3286
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5 Russell Street, Macarthur VIC 3286

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$895,000

  • 9
  • 9
  • 0
  • 3314m²

Block of Units for saleNEW on Homely

What's around Russell Street

Block of Units description

“High-yield accommodation with tourism upside”

A rare opportunity for astute investors, Macarthur Park Country Cottages presents a secure, income-producing asset in Victoria's rapidly growing South West region. This established complex comprises nine self-contained units on an elevated allotment with outlooks toward the Eumarella River, offering both immediate cashflow and long-term growth potential.

Currently operating as a proven accommodation venture, the property provides reliable, consistent income with clear scope to further enhance returns through permanent leasing, rental optimisation, or increased short-stay and tourist-focused offerings.

The complex includes two one-bedroom apartments and seven studio units, each fitted with reverse-cycle heating and cooling and fully equipped kitchens with recently upgraded stoves and ovens. A shared coin-operated laundry, complete with two commercial washers and two commercial dryers, adds further convenience and revenue opportunity.

Investors will appreciate the genuine walk-in–walk-out nature of this sale. The offering includes all furniture, appliances, televisions, linen, cutlery, crockery, household supplies and a ride-on mower, enabling seamless continuity of operations from day one.

Macarthur's appeal continues to strengthen, drawing visitors year-round with its proximity to major natural attractions. Local amenities such as a nine-hole golf course, bowls club and community pool further enhance tenant and guest demand.

Positioned approximately 30 minutes from Hamilton, 35 minutes from Port Fairy and 55 minutes from Warrnambool, Macarthur offers an ideal base for both short-term tourism and long-term accommodation needs.

Macarthur Park Country Cottages represents a rare opportunity to secure a high-performing investment with strong upside in a region known for both its economic stability and tourism growth.

Inspections are strongly encouraged and available strictly by appointment with the selling agent.

Land details

Area: 3314m²

Documents

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5 Russell Street, Macarthur VIC 3286
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