Investment Opportunity - 8 Units, 1 Title, 1,700sqm in Blue Chip Location

A rare and highly sought after investment opportunity in the very heart of Kyneton, this exceptional property presents a secure income stream with impressive future potential.

Comprising 8 units in total (1 two bedroom and 7 one bedroom) together with 8 carparks, the complex currently returns approximately $80,000 per annum, with clear scope to increase this to well over $100,000 per annum through strategic upgrades or rental adjustments.

Seven of the eight units are already leased, underpinned by long term tenancies and reliable, quality occupants who value the convenience of this unbeatable and convenient location.

Set on a substantial allotment of approximately 1,700 square metres, the property sits moments from the town centre, hospital, schools and Kyneton railway station, making it an ideal choice for tenants seeking easy access to Melbourne, Bendigo and the wider Macedon Ranges.

Blocks of units in the core of Kyneton are exceptionally rare, and opportunities of this caliber are tightly held. Whether you are looking to secure a strong performing investment, explore renovation potential or consider future redevelopment (STCA), this is an offering that promises good returns both now and into the future.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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School catchments

Sacred Heart College Secondary 7-12 Catholic 0.27km
Kyneton High School Secondary 7-12 Government 0.36km
Our Lady of the Rosary Primary Prep-6 Catholic 0.66km
Kyneton Primary School Primary Prep-6 Government 0.83km
Kyneton High School-Macedon Ranges Satellite VCAL Secondary Government 0.89km
Woodend Primary School-Carlsruhe Campus Primary Government 5.4km
Tylden Primary School Primary Prep-6 Government 8.9km
Malmsbury Primary School Primary Prep-6 Government 9.6km
Langley Primary School Primary 3-5 Government 9.7km
Woodend Primary School Primary Prep-6 Government 13.0km
St Ambrose's School Primary Prep-6 Catholic 13.3km
Newham Primary School Primary Prep-6 Government 13.9km
Braemar College - Woodend Campus Combined Independent 14.3km
Taradale Primary School Primary Prep-6 Government 15.8km
Braemar College Combined 5-12 Independent 16.2km
Hesket Primary School Primary Prep-6 Government 17.8km
Trentham District Primary School Primary Prep-6 Government 18.7km
Elphinstone Primary School Primary Prep-6 Government 19.9km
Alice Miller School Combined Prep-12 Independent 22.4km
Alice Miller School - Candlebark Campus Combined Independent 24.3km
Global Village Learning Combined Prep-11 Independent 25.5km
Castlemaine Secondary College-Yapeen Campus Secondary Government 27.4km
Daylesford Secondary College Secondary 7-12 Government 28.4km
Olivet Christian College Combined Independent 28.9km
Castlemaine Secondary College Secondary 7-12 Government 29.1km
Gisborne Secondary College Secondary 7-12 Government 29.4km
Castlemaine Secondary College-Junior Campus Secondary Government 30.4km
Castlemaine Steiner School & Kindergarten Combined Prep-8 Independent 32.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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