A fantastic opportunity for investors, first-home buyers or those looking to secure a property with an established additional income stream, this versatile offering combines a cute and tidy original cottage with a DA-approved granny flat only approximately three years young.
Set up for independent living, both residences enjoy their own space and amenities, creating an appealing investment proposition from day one. The fabulous rear tenants are already in place, while the front residence provides the flexibility to re-lease and maximise the investment potential, or move in yourself and enjoy the benefit of income from the rear.
The original front cottage is neat, comfortable and full of charm, with its own fenced yard and all the essentials for easy everyday living. Privately positioned at the rear, the modern granny flat offers contemporary interiors, a well-appointed kitchen and bathroom, comfortable accommodation and a generous covered entertaining deck overlooking its own yard.
Home Comforts:
- Two separate residences offering excellent investment versatility
- DA-approved rear granny flat, approximately three years young
- Fabulous existing tenants currently occupying the rear residence
- Opportunity to re-lease the front cottage for a dual-income investment
- Ideal alternative for first-home buyers wanting to live in the front while retaining rental income from the rear
- Cute and tidy original cottage with outdoor pergola for entertaining and fenced yard
- Both residences with their own kitchens, bathrooms and living amenities
- Modern granny flat with fresh contemporary interiors
- Generous covered rear deck and private outdoor area with a large storage shed
- Ample off-street parking
- A location that continues to grow in popularity
- Within easy reach of local cafés, shops, schools, sporting facilities and the lakefront walking and cycling tracks
- Approximately five minutes' drive to the beach, placing the Coast's enviable lifestyle within effortless reach
- Rates $654.80 per quarter
- Rental Return Granny Flat $650 pwk, Main Home Estimate. $550 pwk
For those looking to enter the market with an income-producing advantage, expand their investment portfolio or secure two residences on the one property, this is an opportunity that makes sense on so many levels. Live in one, lease the other or take advantage of the potential for two income streams in a location where lifestyle and convenience go hand in hand.
For further information or to arrange an inspection outside of listed times, please call listing agent Chantel Laing on 0410 433 213.
DISCLAIMER: The information in this advertisement has been provided by third parties. While PropertyCo Services strives to ensure its accuracy, we do not guarantee or warrant its completeness. We accept no liability for errors, omissions, or misstatements and encourage prospective buyers to conduct their own independent investigations. All images are for illustrative purposes only.
