$1,500,000 - $1,600,000

32 Rodney Street, Quarry Hill VIC 3550

6 Bed

4 Bath

4 Car

1006 m²

$1,500,000 - $1,600,000

32 Rodney Street, Quarry Hill VIC 3550

6 Bed

4 Bath

4 Car

1006 m²

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Rare Four-Unit Investment Opportunity in Quarry Hill

A rare opportunity to secure four tenanted units offered together as one complete investment in tightly held Quarry Hill. Comprising a total of six bedrooms, four bathrooms and four car spaces, the property combines multiple income streams with a convenient position close to Bendigo’s CBD, train station, Marketplace and everyday amenities.

**Please note this property is also known as 16-18 Echuca Street, Quarry Hill**

- Four individual units offered for sale together as one complete block.
- All four residences are currently tenanted, providing an established income stream from settlement.
- Combined current rental return of $1,470 per week, equating to approximately $76,440 per annum.
- A mix of original character and updated interiors provides diversity across the four residences.
- Established grounds and individual outdoor areas complement the accommodation.
- Convenient Quarry Hill position within easy reach of Bendigo CBD, Bendigo Train Station, Marketplace, Bendigo Health and local cafés.
- An opportunity suited to investors seeking multiple income streams within a single property holding.

Unit 1:
- One bedroom, one bathroom and one dedicated car space.
- Currently returning $320 per week, with the lease expiring 20 August 2026.
- Practical interior with tiled flooring through key areas.
- Kitchen provides extensive bench space, cabinetry and storage.
- Built-in storage adds everyday functionality.
- Bathroom includes a bath with shower, vanity and natural light.
- Positioned within the main brick building with established surrounds.

Unit 2:
- Two bedroom, one bathroom and one dedicated car space.
- Currently returning $400 per week, with the lease expiring 20 December 2026.
- Updated kitchen with built-in appliances, modern cabinetry and excellent storage.
- Open living and dining zone creates a practical central living space.
- Built-in robes provide convenient bedroom storage.
- Updated bathroom with walk-in shower, contemporary vanity and modern finishes.
- A well-presented residence with several key updates already completed.

Unit 3:
- Two bedroom, one bathroom and one dedicated car space.
- Currently returning $400 per week, with the lease expiring 15 January 2027.
- Updated kitchen featuring timber benchtops, tiled splashback and extensive cabinetry.
- Vinyl flooring provides a practical finish through the kitchen area.
- Open living zone provides comfortable everyday space.
- Built-in robes and additional built-in storage maximise functionality.
- Dedicated study nook provides a useful space for working or studying from home.
- Positioned separately at the rear of the property with its own outdoor area.

Unit 4:
- One bedroom, one bathroom and one dedicated car space.
- Currently returning $350 per week, with the lease expiring 29 July 2026.
- Timber flooring adds warmth and character through the main living and kitchen areas.
- Functional kitchen with extensive cabinetry, gas cooking and breakfast bar.
- Split-system heating and cooling provides year-round comfort.
- Carport provides convenient off-street vehicle accommodation.
- Positioned within the character-filled brick building and surrounded by established greenery.

Disclaimer

All property measurements and information have been provided as honestly and accurately as possible by McKean McGregor Real Estate Pty Ltd. Some images may feature virtual staging, and some images may depict the surrounding area or local amenities and are provided for illustrative purposes only. Some information is relied upon from third parties. Title information and further property details can be obtained from the Vendor Statement. This content may have been generated with the assistance of artificial intelligence (AI). Any AI assisted content has been proofread but we acknowledge that it may contain errors. We advise you to carry out your own due diligence to confirm the accuracy of the information provided in this advertisement and obtain professional advice if necessary. McKean McGregor Real Estate Pty Ltd does not accept responsibility or liability for any inaccuracies.

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