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20 Edgedale Cres

Karabar NSW 2620

5
3
6
855 m²
House
Currently for sale - view listing

Overview

High returning dual occupancy investment or multi-generational complex

Contact Agent For Private Viewing This unique property is a highly versatile opportunity for investors, extended families and astute buyers seeking multiple income streams from one unique property. Cleverly separated into individual properties on a single title, live in one and let the rents pay off your mortgage. Or rent them all with a solid return. 20 Edgedale Crescent is positioned on the high side of a quiet street with a large 885sqm parcel of land. The impressive top-floor residence features three large bedrooms, north facing mountain views and a comfortable combination of evaporative cooling and hydronic heating. The kitchen is equipped with a gas cooktop and electric oven, while outdoors a large garden, covered entertaining area, established veggie gardens, substantial storage shed and double garage with rear access create a practical lifestyle setting. This spacious upper residence combines comfort, functionality and an abundance of outdoor space. Adding even greater appeal, the ground floor at 20a Edgedale comprises of a separate unit, with additional fully furnished two bedrooms, each with their own bathroom, private access, side courtyards and individual car spaces. Freshly renovated and feature hybrid timber flooring, reverse-cycle air conditioning, separate electricity meter, creating comfortable and independent accommodation options for tenants, extended family, guests, Airbnb or home business. The possibilities are endless with multiple access points, generous parking and a sizeable block in a sought-after Queanbeyan location, this is a rare proposition offering the potential for strong rental returns, diverse living arrangements and long-term flexibility. Opportunities of this scale and configuration are seldom available, making 20 Edgedale Crescent a property worthy of serious consideration. • 885sqm block • Exceptional rental returns • Evaporative cooling • Hydronic heating • Gas cooktop and electric oven • Magnificent mountain views • Large established garden • Covered entertaining area • Veggie gardens • Double garage with rear access • Large storage shed • Private and separate access downstairs • Freshly renovated • Separate electricity meter • Reverse-cycle air conditioning • Individual car spaces • Hybrid timber flooring • Exceptional investment and multi-generational living Rates: $5,110pa (approx.) Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. Please note that some images used across Belle Property listings may include digital enhancement for presentation purposes. Buyers are encouraged to refer to the advertising copy or speak with the listing agent for further clarification where required. This business is independently owned and operated by Belle Property Queanbeyan. ABN 57 628 148 121 trading as Belle Property Queanbeyan.

Features

5 bedrooms
3 bathrooms
6 carspaces
4 open car spaces
2 garage spaces
855 m² lot size
House

Property history for 20 Edgedale Cres

2019
Sold
$665,000
Sold Before Auction on 02 May 2019 by Aaron Papahatzis, of Belle Property Queanbeyan

Happy sellers in Karabar

88%
88% of sellers in Karabar reported that their sale price either exceeded or met their price expectations.

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Local market activity for 5 bedroom houses in Karabar

In the last 12 months, 11 five-bedroom houses similar to 20 Edgedale Cres, have been sold.

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