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1-4/20 Rinford Street, Maryborough, Vic 3465 Sold
1-4/20 Rinford Street, Maryborough, Vic 3465 1-4/20 Rinford Street, Maryborough, Vic 3465-Image 1-4/20 Rinford Street, Maryborough, Vic 3465-Image 1-4/20 Rinford Street, Maryborough, Vic 3465-Image 1-4/20 Rinford Street, Maryborough, Vic 3465-Image 1-4/20 Rinford Street, Maryborough, Vic 3465-Image 1-4/20 Rinford Street, Maryborough, Vic 3465-Image 1-4/20 Rinford Street, Maryborough, Vic 3465-Image 1-4/20 Rinford Street, Maryborough, Vic 3465-Image 1-4/20 Rinford Street, Maryborough, Vic 3465-Image 1-4/20 Rinford Street, Maryborough, Vic 3465-Image 1-4/20 Rinford Street, Maryborough, Vic 3465-Image 1-4/20 Rinford Street, Maryborough, Vic 3465-Image 1-4/20 Rinford Street, Maryborough, Vic 3465-Floorplan

1-4/20 Rinford Street, Maryborough, Vic 3465

$600,000

Block Of Units
Type
4
Bedrooms
4
Bathrooms
4
Parkings
934 m²
Area

Last updated on Saturday, September 12, 2026 ( See property details for 1-4/20 Rinford Street, Maryborough, Vic 3465)

$600,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-located block of four self-contained units offering strong rental income and long-term investment potential in Maryborough.

🏡 Property Highlights

  • Four self-contained units with reliable rental income
  • Positioned in a quiet, well-regarded location in Maryborough
  • Generous allotment of approximately 934m² with outdoor space
  • Strong rental demand with historically low vacancy rates
  • Each unit features split system heating and cooling for comfort
  • Potential for solid cash flow with an attractive gross rental yield

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Maryborough is a vibrant regional centre known for its rich history and strong community spirit. The suburb offers excellent amenities, convenient access to transport, and a peaceful environment ideal for tenants. Its steady growth and high rental demand make it a prime location for investors seeking reliable income. The area features a mix of heritage-listed sites and modern developments, providing a balanced lifestyle. With a welcoming atmosphere and ongoing community initiatives, Maryborough continues to attract both residents and investors seeking long-term value.

What is the condition of the units, and are there any known issues?
The units are functional and well-maintained, but potential buyers should be aware that the units may contain asbestos, which may require professional assessment and remediation if necessary.
What are the zoning and planning restrictions for this property?
The property is zoned for residential use within Maryborough, suitable for investment purposes. Buyers should verify with local council regarding any specific planning restrictions or future development plans.
Are there any upcoming developments or planning activities in the area?
Potential buyers should consult local council planning departments for information on upcoming developments or zoning changes that could impact the property or neighbourhood.
What are the ongoing costs associated with the property?
Ongoing costs may include council rates, maintenance, insurance, and any strata or body corporate fees if applicable. Detailed costs should be confirmed with the current owner or managing agent.
Is there any history of flooding or bushfire risk in the area?
Maryborough is generally considered to have low flood and bushfire risk, but prospective buyers should review local hazard maps and consult with relevant authorities for detailed risk assessments.
Are there any hidden costs or upcoming maintenance expenses not disclosed? Has the property been inspected for asbestos, and what remediation might be required? Are there any restrictions or covenants affecting the use or renovation of the units? What is the history of occupancy and rental demand in the area? Are there any planned infrastructure projects or developments nearby that could affect the property’s value or appeal? Is the property compliant with all current building and safety regulations? Are there any easements or rights of way that could impact the property’s use? What are the long-term prospects for property value growth in Maryborough? Are there any existing or potential issues with shared facilities or access? What are the terms of the current lease agreements, and are there any rent control measures?

1-4/20 Rinford Street, Maryborough, Vic 3465 - More Details

$600,000

Positioned in a quiet and well-regarded location, this block of four one-bedroom units presents a compelling opportunity for investors seeking reliable income and long-term potential. Set on a generous allotment of approximately 934m², the property offers four self-contained units, each with its own practical layout and comfortable living space.

Each unit features a combined kitchen, living and dining area, gas cooking, split system heating and cooling, a bathroom with shower, separate WC and laundry facilities. A single carport is allocated to each residence, along with access to a shared yard area, providing convenient off-street parking and outdoor space for tenants.

While the units offer modest and functional accommodation, the property has demonstrated strong rental demand with historically low vacancy, making it a dependable addition to an investment portfolio.

Current Rental Income

Unit 1: $230 per week

Unit 2: $185 per week

Unit 3: $230 per week

Unit 4: $220 per week, increasing to $230 per week from 5 June 2026

This provides a current combined rental return of $865 per week (approx. $44,980 per annum), increasing to $875 per week (approx. $45,500 per annum) once the scheduled rent increase takes effect.

With a price guide of $550,000 – $600,000, the property represents an attractive gross rental yield of approximately 7.5% – 8.3%, offering solid cash flow potential for investors.

Please contact us for further information or to arrange an inspection.

Please note the units may contain asbestos.
Type
Block Of Units
Bedrooms
4
Bathrooms
4
Parkings
4
Area
934 m²

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