Nestled in a peaceful, leafy suburb, 31 & 31A Lowry Street offers an exceptional opportunity for those seeking versatility, privacy and convenience. This unique property features two separate dwellings, perfect for extended families, guests or even rental income, providing both space and functionality.
The main home at 31 Lowry Street is designed for comfort and practicality, with three generously sized bedrooms, light-filled living spaces, and a stunning view of Mount Sugarloaf from the back verandah. Whether you're enjoying a quiet moment or hosting a gathering, the verandah provides a peaceful escape, surrounded by greenery and offering privacy from the surrounding properties. The home also includes a well-appointed bathroom, a separate toilet, and a functional layout that makes everyday living easy and enjoyable.
From an investment perspective, 31 & 31A Lowry Street is a standout opportunity. With both properties offering strong rental potential, the combined rental return could easily exceed $1,000 per week, with rental appraisals placing the minimum at this figure. The ability to lease the main home and the studio separately maximises the income potential, making this a highly attractive option for savvy investors. Whether you're starting or expanding your property portfolio, this is a property that delivers both a secure income stream and long-term capital growth.
At 31A Lowry Street, the self-contained studio offers an ideal solution for independent living. It has its own pedestrian access, ensuring privacy from the main residence, and is perfect for guests, extended family or as a potential rental. Inside, the studio features a spacious open-plan living area with a fully equipped kitchen, complete with a full stove, oven, and a large walk-in pantry. The kitchen flows into the living room, creating a cosy and functional space. A separate hallway leads to the bedroom which has air conditioning, a large walk-in robe and an ensuite. Large sliding doors open onto a private verandah overlooking the lush greenery at the rear of the property, providing a peaceful space to relax.
What truly sets this property apart is the level of privacy and separation between the two dwellings. There are no internal stairs, ensuring both the main residence and studio remain distinct, private spaces. The homes are separately metered for electricity, with a shared water meter, offering flexibility for tenants or just an added level of convenience for the owner. Located just three houses up from the nearest bus stop, the property offers easy access to public transport, with Cardiff Train Station just a 5-minute taxi or Uber ride away. For those who prefer to drive, Glendale City Centre is less than eight minutes' drive, home to Woolworths, Coles, Kmart, Target, JB Hi-Fi, TK Maxx, and over 100 other stores. Local schools, parks, and recreational facilities are also nearby, making it an excellent choice for families. And with Newcastle's stunning beaches, nightlife, and cultural attractions approximately 20 minutes' drive, this location offers the perfect blend of suburban tranquillity and city convenience.
If you're an investor, this property is risk free as it comes backed by a 12-month rental guarantee. Speak to the Love Team to find out more.
Call us on 02 4958 8555 to book your inspection.
The information provided to Love Property Group has been sourced from third parties and is intended as a guide only. No guarantee is made regarding its accuracy, and interested parties are encouraged to conduct their own independent inquiries.
