36 & 38 Guava Street & 1 Isaacs Lane, Red Cliffs, Vic 3496

$780,000 - $850,000

Unit
Type
6
Bedrooms
3
Bathrooms
418 m²
Area

Published on Thursday, August 20, 2026 ( See property details for 36 & 38 Guava Street & 1 Isaacs Lane, Red Cliffs, Vic 3496)

$780,000 - $850,000

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

A versatile three-residence complex offering strong income potential and future renovation opportunities in a thriving community setting.

🏡 Property Highlights

  • Unique 3-residence complex on three separate titles
  • Currently generating a positive rental income of $48,100 per annum
  • Consistent income stream with proven rental popularity
  • Low-maintenance yards for easy management
  • Potential for further renovation to increase rental yield
  • Conveniently located within walking distance to Red Cliffs Town Centre

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Ensuite
  • Outdoor Area
  • Pet-Friendly
  • Security Screens / Gates
  • Floorboards
  • Fully fenced
  • Water tank
  • Low-Maintenance Yard

Red Cliffs is a vibrant community known for its friendly atmosphere and convenient amenities. The suburb offers excellent access to shopping, schools, and public transport, making it ideal for tenants and investors alike. Its growing infrastructure and proximity to regional attractions ensure ongoing demand. The area features a mix of residential options with a focus on affordability and lifestyle. With a strong rental market, Red Cliffs presents a promising opportunity for property investors seeking reliable returns.

What is the current rental income and potential for future growth?
The property currently generates $48,100 annually, with opportunities to increase income through renovations and upgrades, enhancing rental yields.
Are there any restrictions or covenants on the property?
The property is on three separate titles, allowing for flexible management and potential subdivision, subject to council approvals.
What are the maintenance requirements for the units?
The units feature low-maintenance yards and are designed for easy upkeep, making them ideal for investors seeking minimal ongoing management.
Is there scope for further development or renovation?
Yes, there is potential to renovate the units to increase rental income and property value, subject to relevant approvals.
What amenities and services are nearby?
The property is within walking distance to Red Cliffs Town Centre, offering shopping, dining, and public transport options.
Are there any existing planning or zoning restrictions that could affect future development or renovation plans? Have the units been inspected recently for structural or maintenance issues? Are there any easements, covenants, or restrictions on the titles that could impact use or subdivision? What are the council rates, land taxes, and other ongoing costs associated with the property? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any upcoming developments or construction projects nearby that could affect the property's value or livability? What are the terms of the current lease agreements, and are there any lease expirations or rent reviews upcoming? Are there any strata or body corporate fees applicable to the units? Has the property been assessed for energy efficiency or sustainability features? Are there any restrictions on pet ownership or modifications within the units?

36 & 38 Guava Street & 1 Isaacs Lane, Red Cliffs, Vic 3496 - More Details

$780,000 - $850,000

Welcome to this exceptional investment opportunity, unique in position and potential and conveniently situated in a thriving community, this property is ideally located within walking distance to Red Cliffs Town Centre. This is this a rarely found opportunity to own a 3-residence complex on three separate titles.

Comprising of 1 x three-bedroom unit, 1 x two-bedroom unit and 1 x one-bedroom unit, the property would suit investors looking for positive returns, currently returning $48,100 pa. With an opportunity to further renovate if desired and therefore increase your rental potential, cash flow positive returns can be enjoyed. These units have proven popular with renters, contributing to the property's consistent income stream with low maintenance yards and close proximity to all amenities.

Secure your future, call now!
Type
Unit
Bedrooms
6
Bathrooms
3
Area
418 m²

Price guide

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