160 The Boulevarde

Toronto NSW 2283

0 m²

607 m²

House

Currently for sale - view listing

Overview

Two Homes. One Title. Immediate Income.

Opportunities to secure two independent homes on a single title are incredibly difficult to find, particularly when both are already leased and generating $920 per week in combined rental income. Positioned in the heart of Toronto, 160 The Boulevarde offers an immediately income-producing dual-occupancy setup with two separate 2-bedroom residences, each with its own bathroom and parking. At the front, the original home provides a solid, established residence with plenty of character. Privately positioned at the rear is a modern 5-year-old granny flat, purpose-built for low-maintenance living and strong rental appeal. For investors, the proposition is simple: two dwellings, two income streams and one title. For those looking to enter the market, accommodate extended family or secure additional income from their home, the flexibility is equally compelling. This is a great opportunity to secure an established dual-income asset in one of Lake Macquarie's most tightly held and increasingly popular suburbs. PROPERTY HIGHLIGHTS * Two fully independent dwellings on one title * Combined rental income of $920 per week * Front residence: 2 bedrooms | 1 bathroom | 2 parking * Rear granny flat: 2 bedrooms | 1 bathroom | 1 parking * Modern rear granny flat, approximately 5 years old * Approx. 613m² block * Excellent separation between both residences * Centrally positioned in Toronto * Close to Toronto's shops, cafes, services and waterfront * Approx. 10 minutes to the M1 Motorway OUTGOINGS * Water rates: $852 p.a. approx.* * Council rates: $2,429 p.a. approx.* Disclaimer: All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.