OFF MARKET

1-6/32A Victoria Street
Eaglehawk VIC 3556

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
Land area: 1789m2
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Last updated 11 Nov 2024
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Property Details for 1-6/32a Victoria St, Eaglehawk

1-6/32a Victoria St, Eaglehawk is a 12 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 1789m2.

Building Type
Unit
Land Size
1789m2
Local Government
Greater Bendigo

Last Listing description (November 2024)

UNDER CONTRACT.

1-6/32A Victoria Street, Eaglehawk presents an exceptional investment opportunity featuring six solid 2-bedroom, 1-bathroom units, each on separate titles, across a rare 1789m? (approx.) allotment.

Nestled in a highly sought-after location, these units are within 1km from the vibrant Eaglehawk township, a short stroll to Lake Neangar, Peter Krenz Leisure Centre, and only 6km from the Bendigo CBD, ensuring strong rental appeal.

Each unit is designed with a spacious living area, central bathroom, well-sized bedrooms, and a dedicated undercover carport for convenience. All compliance and maintenance checks are up-to-date, making this a hassle-free, turnkey investment.

Current Tenancy Details:

Unit 1: Periodic lease at $280/week
Unit 2: Periodic lease at $280/week
Unit 3: Periodic lease at $280/week
Unit 4: Fixed lease until 27/09/2024 at $280/week
Unit 5: Periodic lease at $280/week
Unit 6: Vacant, with an estimated rental return of $280 - $300 per week

With a potential rental yield of approximately $1,680/ week from longstanding tenants, this property provides a stable, secure, and strong-return investment opportunity. This is ideal for those looking for consistent returns with minimal effort and a foothold in a thriving regional market. Don't miss your chance to secure this outstanding opportunity in a flourishing location!

Also available separately for sale at the rear of the units is 6 Walls Street, Eaglehawk. A cream brick 3 bed, 1 bath home located on a GRZ 2226m2 allotment. A fantastic development opportunity STCA. prime opportunity to own all the way through from Victoria street to Walls Street.

Contact Justin Pell for more information.

Property History for 1-6/32a Victoria St, Eaglehawk, VIC 3556

A timeline of how this property has performed in the market
  • 30 Sep 2024
    Listed for Sale 1500000

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About Eaglehawk 3556

The size of Eaglehawk is approximately 14.5 square kilometres. It has 21 parks covering nearly 18.8% of total area. The population of Eaglehawk in 2011 was 4,809 people. By 2016 the population was 5,691 showing a population growth of 18.3% in the area during that time. The predominant age group in Eaglehawk is 0-9 years. Households in Eaglehawk are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Eaglehawk work in a trades occupation. In 2011, 67.1% of the homes in Eaglehawk were owner-occupied compared with 65.7% in 2016.

Eaglehawk has 3,328 properties. Over the last 5 years, Houses in Eaglehawk have seen a 52.92% increase in median value, while Units have seen a 39.71% increase. As at 31 October 2024:

  • The median value for Houses in Eaglehawk is $474,558 while the median value for Units is $343,733.
  • Houses have a median rent of $450 while Units have a median rent of $380.
There are currently 19 properties listed for sale, and 4 properties listed for rent in Eaglehawk on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Eaglehawk.

Suburb Insights for Eaglehawk 3556

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.