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 997m 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: $340 per week, leased until 29/06/2027
- Combined income: $690 per week / approximately $35,880 per annum gross rental income
What you will love:
- Dual-income style investment opportunity
- Currently set up with two separate tenancies
- Approx. 997m 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.
The size of Maryborough is approximately 26.5 square kilometres. There are 45 parks, covering nearly 7.5% of the total area. The population of Maryborough in 2016 was 15406 people. By 2021 the population was 15287 showing a population decline of 0.8% in the area during that time. The predominant age group in Maryborough is 60-69 years. Households in Maryborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Maryborough work in a community and personal service occupation.In 2021, 61.50% of the homes in Maryborough were owner-occupied compared with 59.70% in 2016.
Maryborough has 8,406 properties. Over the last 5 years, Houses in Maryborough have seen a 129.99% increase in median value, while Units have seen a 99.81% increase. As at 30 June 2026:
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