Block of units for Sale  •  34 days on Homely
$560,000 - $580,000
Contact agent
Darren Waters
Darren Waters
PH Property
No Reviews

3 UNIT COMPLEX, CLOSE TO BENDIGO HOSPITAL

1, 2 & 3/2 - 4 Norfolk Street, North Bendigo, VIC 3550

6 bed3 bath3 car
Statement of Information
A genuine opportunity to purchase a three-unit complex in a superb North Bendigo location. Walking distance to the new Bendigo Hospital, close to Lake Weeroona and the CBD of Bendigo. Being sold as a whole, all units are currently tenanted at $230pw and returning almost $36,000 per year. That's a yield of approximately 6% on your investment and represents an excellent opportunity for investors. There is great scope to improve and increase return, or just sit back and let the property do its thing with its positive cash-flow.
Two of the tenants are on a periodic lease (month to month), the other tenant is on a lease until August 2020.
All units comprise of;
• two bedrooms with built in robes
• open plan kitchen/dining/lounge space
• kitchen with gas stove and ample cabinetry
• bathroom with shower & vanity, separate toilet, laundry
• gas heating
• single carport with storage shed and a yard space
Unit 3 also has a split system for heating and cooling.
A Section 32 is available.
Contact Darren Waters on 0402 135 579 or [email protected] for more details or to book an inspection.
*Please note that internal photos are of unit 3.

Property location

Main details

Price:$560,000 - $580,000Address:1, 2 & 3/2 - 4 Norfolk StreetSuburb:North BendigoPost Code:3550Type:Block of UnitsBedrooms:6Bathrooms:3Car Spaces:3

Comparable Sales Data

Statement of Information:View

Indoor Features

Air ConditioningAir Conditioning

Additional Features

Carports:3Living Areas:3Toilets:3Other Features:Built-In Wardrobes, Carpeted, Close to Schools, Close to Shops, Close to Transport, Heating

Schools in and around North Bendigo

368m from propertyPrimaryPublicNon-Denominational
  • Address:61/77 Nolan Street, Bendigo, VIC 3550
  • Principal:Graham Gordon
581m from propertyPrimaryPrivateCatholic
878m from propertyOtherPublicNon-Denominational
922m from propertySecondaryPrivateCatholic
981m from propertyPrimaryPrivateCatholic