38 Turnbull Street, Bairnsdale, Vic 3875

$900,000

Block Of Units
Type
5
Bedrooms
4
Bathrooms
1,012 m²
Area

Published on Friday, July 24, 2026 ( See property details for 38 Turnbull Street, Bairnsdale, Vic 3875)

$900,000

Steve Holmes Officer in Effective Control/Director/Principal
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained, contemporary block of four units offering reliable income and prime location close to Bairnsdale's amenities.

🏡 Property Highlights

  • Well maintained contemporary block of 4 units
  • Long-term tenants already in place
  • Reliable and consistent rental return
  • Ideally positioned close to town amenities
  • Broad tenant appeal with ongoing demand
  • Set and forget investment opportunity

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Ensuite
  • Internal Laundry
  • Security Screens / Gates
  • Fully fenced
  • Pet-Friendly
  • Water tank
  • Floorboards
  • Alarm system

Bairnsdale is a vibrant regional centre offering excellent amenities, local sporting facilities, and a strong community vibe. Its strategic location provides easy access to essential services, making it highly attractive for tenants. The area boasts a growing rental market, ensuring consistent demand. With a friendly neighbourhood atmosphere and convenient transport links, Bairnsdale is ideal for both investors and residents. The town’s ongoing development and amenities make it a promising location for long-term growth.

What is the current rental income generated by this property?
The property already has long-term tenants in place, providing a reliable and consistent rental income from day one.
Are there any recent renovations or upgrades to the units?
The units are well maintained and contemporary, ensuring modern comfort and appeal for tenants.
What are the ongoing costs associated with this investment?
Ongoing costs typically include property management, maintenance, council rates, and insurance, which should be considered in your investment planning.
Is there potential for future capital growth in this area?
Bairnsdale's ongoing development, amenities, and strong rental demand suggest good potential for future capital growth.
Are there any restrictions or covenants on the property?
Details regarding restrictions or covenants can be obtained from the local council or through the title search process.
Are there any upcoming planned developments or zoning changes in the vicinity that could affect the property's value or rental demand? What are the total costs involved in maintaining the property, including strata fees or body corporate charges if applicable? Has the property been inspected recently for structural issues or potential defects? Are there any easements, covenants, or restrictions registered on the title that could impact future modifications? Is the property located in a flood or bushfire-prone area, and what are the associated risks? Are there any outstanding council or utility bills associated with the property? What is the history of the property's occupancy and rental income stability? Are there any planned infrastructure projects nearby that could cause noise or disruption? Is the property compliant with current building codes and safety standards? What are the terms of the existing lease agreements with tenants, and are there any rent review clauses?

38 Turnbull Street, Bairnsdale, Vic 3875 - More Details

$900,000

This investment comprises a well maintained, contemporary block of 4 units, each offering comfort and the convenience of downtown living.
With long-term tenants already in place, this is a true set and forget investment delivering a reliable and consistent rental return from day one.
Ideally positioned close to town amenities and local sporting facilities, the property appeals to a broad tenant base, ensuring ongoing demand and strong occupancy.
Whether you're looking to expand your portfolio or secure a dependable income stream, this offering ticks all the boxes.
Type
Block Of Units
Bedrooms
5
Bathrooms
4
Area
1,012 m²
House Size
270 m²

Price guide

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