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Auction

35 Ottrey Street,
Pyramid Hill 3575, Victoria

4 bedrooms
4 bathrooms
4 car spaces
993m² land size
166m² building size
Block of Units

$350,000

Property Price Statement

Property details

Exceptional Four-Unit Investment Opportunity - Auction with reserve set!

Positioned in the heart of Pyramid Hill, 35 Ottrey Street presents a unique investment opportunity with four separate one-bedroom, one-bathroom units on a generous 993sqm allotment. Offering flexibility and multiple income streams, this property is ideally suited to investors looking to secure an established income-producing asset.

The property comprises four bedrooms, four bathrooms, and four-car accommodation, with each unit configured as a self-contained one-bedroom, one-bathroom residence. This separation provides privacy for occupants while offering the benefit of multiple tenancies from a single property.

Currently returning a combined $610 per week, the property provides an immediate and established rental income stream, with each unit contributing individually to the overall return. Unit 1 is currently leased at $165 per week, Unit 2 at $125 per week, Unit 3 at $160 per week, and Unit 4 at $165 per week. This diversified rental structure provides investors with the advantage of multiple income streams within a single holding.

Set on a substantial 993sqm block, there is plenty of space surrounding the units, while the four-car accommodation provides additional convenience for tenants. The property's configuration and established rental income make it an appealing option for investors seeking diversification within a single holding.

Conveniently positioned approximately a one-hour drive from the centre of Bendigo, the property offers the opportunity to enjoy the benefits of a regional township while remaining within easy reach of the city's broader services and amenities.

With four separate residences, multiple income streams, and a strong existing tenancy position, this property offers a rare opportunity to secure a versatile investment with immediate rental return, convenient regional accessibility and long-term potential.

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.

Due diligence checklist for home and residential property buyers.

Inspections

Auction

Explore the area

School catchments

  • St Patrick's School Primary Catholic 0.68km
  • Pyramid Hill College Combined Prep-10 Government 0.80km
  • Leitchville Primary School Primary Prep-6 Government 22.9km
  • Gunbower Primary School Primary Prep-6 Government 25.3km
  • St Mary's School Primary Prep-6 Catholic 28.7km

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.

Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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