5/37 Riverine Street, Bairnsdale, Vic 3875

$389,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings
197 m²
Area

Published on Friday, June 12, 2026 ( See property details for 5/37 Riverine Street, Bairnsdale, Vic 3875)

$389,000

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

A well-maintained, low-maintenance townhouse in a prime Bairnsdale location with secure tenants and excellent rental appeal.

🏡 Property Highlights

  • Prime location just moments from Bairnsdale's vibrant town centre
  • Currently leased with a reliable 12-month tenancy in place
  • Low-maintenance and well-kept townhouse within a desirable complex
  • Light-filled interiors with a northerly aspect
  • Private rear courtyard for outdoor relaxation
  • Secure single garage for convenience

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Internal Laundry
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Pet-Friendly
  • Waterfront / Views

Bairnsdale is a vibrant regional hub offering excellent amenities, a strong community atmosphere, and convenient access to shops, cafes, and services. The suburb boasts a growing property market with high rental demand, making it an ideal location for investors. Its scenic surroundings and proximity to natural attractions provide a desirable lifestyle. The area benefits from ongoing development and infrastructure improvements, ensuring long-term growth potential. With a friendly neighbourhood vibe, Bairnsdale is perfect for those seeking a balanced lifestyle with urban convenience.

What is the current rental income and lease terms?
The property is currently leased to tenants with a fixed 12-month tenancy, providing immediate and reliable income.
What are the ongoing costs associated with the property?
Ongoing costs may include strata fees, council rates, and maintenance, which should be confirmed with the selling agent.
Is the property suitable for future renovations or upgrades?
The property features a practical layout with light-filled interiors, making it suitable for minor upgrades or personalisation.
Are there any restrictions or covenants within the complex?
Details regarding complex restrictions or covenants should be verified with the body corporate or managing agent.
What is the condition of the property and any recent renovations?
The townhouse is well-kept and move-in ready, with no recent renovations specified but maintained to a high standard.
Are there any upcoming strata or body corporate fee increases or special levies planned? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any planning or development applications nearby that could impact the property? What are the zoning restrictions and potential for future development or extensions? Are there any easements or encumbrances affecting the property? Is the property compliant with all building codes and regulations? Are there any known issues with the property's structure, plumbing, or electrical systems? What are the total costs involved in purchasing, including stamp duty, legal fees, and strata fees? Is the property part of a strata scheme, and if so, what are the rules and fees? Are there any planned infrastructure projects or construction works in the vicinity that could cause noise or disruption?

5/37 Riverine Street, Bairnsdale, Vic 3875 - More Details

$389,000

Positioned just moments from the heart of Bairnsdale's vibrant town centre, this well-kept townhouse presents an outstanding opportunity for the savvy investor seeking a low-maintenance property in an unbeatable location. Set within a highly desirable and tightly held unit complex, it offers all the convenience of in-town living with strong rental appeal already secured.

Importantly, the property is currently leased to fantastic tenants who are committed for the next 12 months, providing immediate and reliable income from day one. With this secure tenancy in place, the home is ideally suited to investors or buyers who are not looking to occupy in the near future.

Inside, the townhouse features two comfortable bedrooms, a well-appointed bathroom and a practical layout designed for easy living. The light-filled interiors are complemented by a lovely northerly aspect, while outside a private rear courtyard offers a quiet space to relax. A single garage adds further convenience and functionality.

With its blue-chip position just a short stroll to shops, cafes, services and everything Bairnsdale has to offer, this is a smart addition to any property portfolio in a location that continues to perform.

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1
Area
197 m²

Price guide

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