1-3 Nardoo Street & 42-44 Margaret Street is a prime opportunity for those looking to capitalise on taking advantage of purchasing 2 triplexes in one line plus vacant land with potential development. The triplexes are on 2 titles, sharing a vacant block that can be used for further development. All 6 units are currently rented and are offered to the rental market as aged care affordable living - absolutely perfect for Government Housing/NDIS Suppliers, farming families and sophisticated investors looking for a cash flow opportunity to add to your property portfolio. You can purchase one or both triplexes.

Property Summary:

• Complex of ground level units 6 x (2-bedroom, 1 bath, 1 car)
• Solid brick build, exceptional condition
• 2,023m² per site on 2 titles (4046sqm combined land - room for further development)
• No body corporate fees
• Ultra-low maintenance grounds
• Development potential
• 500m to Millmerran Shopping Centre
• Separate remote lock up garages
• Security screens & ceiling fans
• Spacious built-in bedrooms
• Separate full-sized laundries
• Combined living and dining
• Wheelchair Friendly

Tenancy Agreements:

1/1-3 Nardoo Street: Current MacLean Care Worker - Rental Appraisal $350/week
2/1-3 Nardoo Street: Lease to 31 August 2026 @ $220/week
3/1-3 Nardoo Street: Lease to 28 July 2026 @ $285/week

1/42-44 Margaret Street: Lease to 27 July 2026 @$285/week
2/42-44 Margaret Street: Lease to 2 March 2027 @$285/week
3/42-44 Margaret Street: Lease to 28 July 2026 @ $285/week

Outgoings:
Water Rates: 1-3 Nardoo Street: $719.82 per half+ 42-44 Margaret Street: $899.91 per half
Land Rates: 1-3 Nardoo Street: $1,582.06 per half + 42-44 Margaret Street: $1,582.06 per half
Body Corporate Fees: $0 (Units offered in 1 line as they are not strata-titled)