Four-Unit Investment Opportunity with Exceptional Potential
Positioned in a convenient Muswellbrook location, 2 Bligh Lane presents an opportunity for investors seeking a multi-unit property with immediate rental income and potential to renovate, improve and add value.
Comprising four self-contained units under one roof, the property offers a practical investment layout, with each residence featuring its own kitchen, living area, bathroom and laundry facilities. Three units offer one-bedroom configurations, while the fourth provides two bedrooms, creating a versatile mix of living arrangements.
With three units currently leased and one vacant, the property generates a combined rental income of $730 per week, with the potential to achieve approximately $1,080 per week ($56,160 per annum) once Unit 2 is leased and the scheduled rental increases take effect.
Set on a substantial allotment, the property also features a generous covered carport, detached shed and individually fenced outdoor areas. While the property would benefit from updating, its existing configuration presents an opportunity for investors looking to enhance its appeal and maximise its long-term potential.
Conveniently located within easy reach of Muswellbrook's town centre, Marketplace Shopping Centre, local schools and everyday amenities, this is an opportunity to secure a multi-unit investment in an established and accessible location.
- Four self-contained units under one roof
- Three one-bedroom units and one two-bedroom unit
- Three units currently leased, with one vacant
- Current combined rental income of $730 per week
- Potential rental income of $1,080 per week ($56,160 p.a.)
- Each unit includes kitchen, living, bathroom and laundry facilities
- Covered carport, detached shed and fenced outdoor areas
- Opportunity to renovate and add value
- Unit 1: Currently leased at $200 per week, increasing to $250 from 12 November 2026
- Unit 2: Currently vacant, with an estimated rental return of $250 per week
- Unit 3: Currently leased at $200 per week, increasing to $250 from 13 November 2026
- Unit 4: Currently leased at $330 per week
- Council rates: Approximately $1,290 per quarter
- Water rates: $436.80 for the latest quarterly notice
