35 Ottrey Street, Pyramid Hill, VIC 3575 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
$350,000 - $380,000

35 Ottrey Street
Pyramid Hill VIC 3575

Bedrooms: 4
Bathrooms: 4
Car spaces: 4
Floor area: 166m2
Land area: 993m2
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Exceptional Four-Unit Investment Opportunity

Positioned in the heart of Pyramid Hill, 35 Ottrey Street presents a unique investment opportunity with four separate one-bedroom, one-bathroom units on a generous 993sqm allotment. Offering flexibility and multiple income streams, this property is ideally suited to investors looking to secure an established income-producing asset.
The property comprises four bedrooms, four bathrooms, and four-car accommodation, with each unit configured as a self-contained one-bedroom, one-bathroom residence. This separation provides privacy for occupants while offering the benefit of multiple tenancies from a single property.
Currently returning a combined $610 per week, the property provides an immediate and established rental income stream, with each unit contributing individually to the overall return. Unit 1 is currently leased at $165 per week, Unit 2 at $125 per week, Unit 3 at $160 per week, and Unit 4 at $165 per week. This diversified rental structure provides investors with the advantage of multiple income streams within a single holding.
Set on a substantial 993sqm block, there is plenty of space surrounding the units, while the four-car accommodation provides additional convenience for tenants. The property's configuration and established rental income make it an appealing option for investors seeking diversification within a single holding.
Conveniently positioned approximately a one-hour drive from the centre of Bendigo, the property offers the opportunity to enjoy the benefits of a regional township while remaining within easy reach of the city's broader services and amenities.
With four separate residences, multiple income streams, and a strong existing tenancy position, this property offers a rare opportunity to secure a versatile investment with immediate rental return, convenient regional accessibility and long-term potential.
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Property Details for 35 Ottrey St, Pyramid Hill

35 Ottrey St, Pyramid Hill is a 4 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 993m2 and floor size of 166m2. The place is currently for sale with Ray White Bendigo.

Building Type
BlockOfUnits
Floor Size
166m2
Land Size
993m2
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About Pyramid Hill 3575

The size of Pyramid Hill is approximately 332.8 square kilometres. There are 2 parks, covering nearly 0.2% of the total area. The population of Pyramid Hill in 2016 was 558 people. By 2021 the population was 598 showing a population growth of 7.2% in the area during that time. The predominant age group in Pyramid Hill is 10-19 years. Households in Pyramid Hill are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Pyramid Hill work in a managers occupation.In 2021, 70.20% of the homes in Pyramid Hill were owner-occupied compared with 67.40% in 2016.

Pyramid Hill has 470 properties. Over the last 5 years, Houses in Pyramid Hill have seen a 37.16% increase in median value, while Units have seen a -69.33% decrease. As at 31 July 2026:

  • The median value for Houses in Pyramid Hill is $285,531 while the median value for Units is $213,936.
There are currently 5 properties listed for sale, and no properties listed for rent in Pyramid hill on OnTheHouse. According to Cotality's data, 12 properties were sold in the past 12 months in Pyramid hill.

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Ella Douch
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Sophie Boxshall
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Ray White Bendigo
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