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1-3/70 Sutherland Street, City Centre

Enquiries over: $549,000

5

3

160m²

309m²

Triple-Income Stream - One Title

This unique property offers a rare configuration of three separate units on a single title, providing an immediate and diversified income stream. Situated on an elevated section that is sun-soaked year round, the property is occupied by long-term, stable tenants—including one resident of 14 years who wishes to remain.

Unit Configuration

Lower Level Unit: A self-contained space featuring a compact kitchen and a versatile sunroom or home office. The layout includes a living area with a step-up into a dedicated bedroom zone. This unit enjoys a high level of privacy with its own deck overlooking the mature trees and the tiered landscape.

Top Level - Unit 1: Accessed via its own entrance, this unit features an open-concept kitchen and dining area. It includes a large multipurpose room currently utilized as a bedroom but suitable as a combined living space. The bathroom and an additional storage room are located on the lower level of this unit's footprint.

Top Level - Unit 2: This unit offers a sizeable combined kitchen, dining, and living area. The kitchen is basic but functional. A hallway leads to the bathroom, which includes an integrated laundry system, and a large double bedroom.

Investment Profile

Current Returns: The three units combined are currently returning $750 per week.

Tenant Stability: The property is managed by established tenants, offering immediate security for a hands-off investor.

Value-Add Potential: While functional in its current state, there is significant scope to increase rental yield and capital value through modernising the interiors and optimising the configuration.

Summary

This is a distinctive residential investment suited for those looking for multiple income streams under one title. The combination of it being in a desirable area, long-term tenant history, and the potential for future refurbishment makes this a standout addition to any portfolio.

Additional details

Type

House

Property ID

eagle_1765898

Listed on

08/05/2026

Updated

yesterday

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Listed for sale on OneRoof for 2 days (last updated on 8 May). There are 4350 5-bedroom properties for sale nearby. There are 45571 properties for sale in City Centre.

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