11-13 Majorca RoadMaryborough VIC 3465
Property Details for 11-13 Majorca Rd, Maryborough
Last Listing description (January 2026)
This commercial property features a reliable long-term tenant, an exceptional investment opportunity awaits. This unique offering combines business premises and residential home, generating a consistent rental income of $490 per week, with annual increases based on CPI and an existing lease, extending for an additional 4 x 3 years. Rates and water are paid by the renter.
Nestled on an 832 m corner allotment, the property boasts ample land space for future possibilities. The weatherboard home includes three bedrooms and a study, perfectly integrated with the adjacent retail premises. Currently operating as a successful takeaway shop with a dedicated long-term tenant for shop and house combined.
While the residential home might not be a showpiece, there's significant potential for updates both inside and out, adding value to this asset. Located in the heart of the goldfields, in the thriving corridor between Bendigo and Ballarat, this property is a promising investment in a growing regional city, Maryborough.
Please note that this property is not available for vacant possession and is competitively priced based on its attractive rental return, land size, and available building space. If this opportunity sparks your interest, we encourage you to reach out for a direct discussion.
Don't miss your chance to secure this investment gem.
Property History for 11-13 Majorca Rd, Maryborough, VIC 3465
- 12 Dec 2024Sold for $425,000
- 17 Sep 2024Listed for Sale $470,000 - $495,000
- 05 Apr 2024Listed for Sale Not Disclosed
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0About Maryborough 3465
The size of Maryborough is approximately 48.0 square kilometres. There are 16 parks, covering nearly 40.0% of the total area. The population of Maryborough in 2016 was 7921 people. By 2021 the population was 8160 showing a population growth of 3.0% in the area during that time. The predominant age group in Maryborough is 70-79 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 labourer occupation.In 2021, 67.40% of the homes in Maryborough were owner-occupied compared with 66.60% in 2016.
Maryborough has 5,446 properties. Over the last 5 years, Houses in Maryborough have seen a 36.69% increase in median value, while Units have seen a 26.86% increase. As at 30 April 2026:
- The median value for Houses in Maryborough is $391,130 while the median value for Units is $340,588.
- Houses have a median rent of $390 while Units have a median rent of $325.
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