Some properties are bought for what they are today. Others are bought for what they could become. 49 Bazaar Street, Maryborough offers both.
Currently set up with two separate tenancies, this character-filled property provides investors with income from day one, while still leaving clear room for future improvement, creativity and value-add potential.
Behind the classic Maryborough facade is a property full of charm, scale and flexibility. Traditional VJ walls, polished timber floors, high ceilings and wide verandah spaces give the home the character buyers love, while the current layout provides two separate living arrangements.
Set on a fully fenced approximately 997m² allotment, the property also offers excellent outdoor potential. There is generous usable yard space, giving the next owner the opportunity to create an impressive backyard setup with sheds, a pool, outdoor entertaining or further improvements, subject to council approvals.
Located in a quiet Bazaar Street position, the home captures the relaxed pace and charm Maryborough is known for. Whether it is enjoying the sunshine, making the most of the yard, or planning future improvements, this is a property with plenty of upside.
For investors, the appeal is easy to see: two existing tenancies, a character home, a large fully fenced block and the ability to improve or enhance the property over time
Current tenancy details:
- Unit 1: $350 per week, leased until 22/02/2027
- Unit 2: $320 per week, leased until 29/06/2027
- Combined income: $670 per week / approximately $34,840 per annum gross rental income
- Dual-income style investment opportunity
- Currently set up with two separate tenancies
- Approx. 997m² fully fenced allotment
- Character timber home with traditional features
- High ceilings, VJ walls and polished timber floors
- Wide verandah spaces
- Generous usable yard
- Opportunity for sheds, pool or outdoor entertaining, subject to council approvals
- Scope to improve and add value over time
- Quiet Bazaar Street location
- Established Maryborough position, located close to schools, shops and the Maryborough CBD
Whether you are looking to expand your portfolio, secure an income-producing property, or purchase a home with character, flexibility and future potential, 49 Bazaar Street is an opportunity worth your attention.
For further information or next available open home times, contact Andrew Stevens and Ryan Sullivan today.
