{"Slug":"block-of-units-1-4-20-rinford-street-maryborough-vic-3465","CanonicalUrl":"https://realsearch.com.au/block-of-units-1-4-20-rinford-street-maryborough-vic-3465","Address":"1-4/20 Rinford Street, Maryborough, Vic 3465","Suburb":"Maryborough","State":"VIC","Postcode":"3465","PropertyType":"Block Of Units","Status":"Sold","Headline":null,"Description":"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 IncomeUnit 1: $230 per weekUnit 2: $185 per weekUnit 3: $230 per weekUnit 4: $220 per week, increasing to $230 per week from 5 June 2026This 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.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":600000.00,"Display":"$600,000"},"Bedrooms":"4","Bathrooms":"4","Parking":"4","Features":[{"Name":"Bedrooms","Value":"4"},{"Name":"Bathrooms","Value":"4"},{"Name":"Carports","Value":"4"},{"Name":"Area","Value":"934 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.0389171,"Longitude":143.7316665,"Agent":{"Name":"David Graham","CanonicalUrl":"https://realsearch.com.au/agent/david-graham-2"},"Agency":{"Name":"Professionals - Maryborough","CanonicalUrl":"https://realsearch.com.au/agency/professionals-maryborough-2"},"CreatedAt":"2026-03-13T08:05:00.3098002","UpdatedAt":"2026-10-06T09:08:28.34"}