20 Melville St, Maryborough is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 668m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
New to market and priced to sell is this block of three low set brick units situated within a short distance to shops, schools, and CBD on a 668m2 allotment.
This investment opportunity is ideal for an investor that is looking to improve the units with some renovations, and therefore increasing the rental return.
Each unit comprises of 2 x built in bedrooms, open plan living area with a generous sized kitchen, and bathroom, separate toilet, internal laundry and a single carport.
Currently returning $465.00 per week and priced to sell at a firm $339,000
For further details please contact the office.
The size of Maryborough is approximately 26.5 square kilometres. It has 45 parks covering nearly 7.5% of total area. The population of Maryborough in 2011 was 15,860 people. By 2016 the population was 15,400 showing a population decline of 2.9% in the area during that time. The predominant age group in Maryborough is 60-69 years. Households in Maryborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Maryborough work in a community and personal service occupation. In 2011, 61.3% of the homes in Maryborough were owner-occupied compared with 59.7% in 2016.
Maryborough has 8,385 properties. Over the last 5 years, Houses in Maryborough have seen a 96.57% increase in median value, while Units have seen a 54.31% increase. As at 31 July 2024:
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