Dual Income Investment with Versatile Living Potential
Positioned in a convenient central Wynyard location, 71 Saunders Street presents an exciting opportunity for investors seeking an established dual-income property or buyers looking for flexible living arrangements with future potential.
Set across two levels, the property comprises of two self-contained flats, both currently tenanted and generating a combined rental income of $720 per week. With improvements already completed, this property offers an appealing combination of immediate rental returns and long-term possibilities.
Flat A - Upstairs
- Spacious walk-through kitchen
- Living and dining area with an electric wall heater
- Three bedrooms, all with built-in wardrobes
- Bathroom with separate shower and bathtub
- Combination of carpet and floating flooring
- Separate laundry located on the ground floor
- Currently tenanted at $420 per week until May 2027
Flat B - Downstairs
- Kitchen, dining and living space
- Two bedrooms, one with a built-in wardrobe
- Bathroom with separate shower
- Currently tenanted at $300 per week until November 2027
- Recent Improvements & Additional Features
- Completely replaced roof and guttering (June 2026)
- New hot water cylinders installed for both flats
- Replaced lintels and completed external brickwork improvements
- Renovated and freshly painted external staircase
- Fully fenced, low maintenance backyard
- Under cover parking and back yard access
- Two self-contained flats offering a combined rental income of $720 per week with long term tenancies in place
- Flexible configuration with potential for future multi-generational living or conversion into a spacious five-bedroom family home, subject to relevant approvals
Offering five bedrooms across two levels, this property provides flexibility beyond the traditional investment opportunity. Continue enjoying the benefits of two separate rental incomes or explore the potential to reconfigure the property into one generous family residence in the future (STCA).
Conveniently located within a short moment distance from Wynyard's town centre, local shops, cafés and Gutteridge Gardens.
For further information or to arrange an inspection, please contact Sarah Elphinstone at Harcourts Burnie.
*Harcourts Burnie has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.*
Features
5 bedrooms
2 bathrooms
directions_car4 carspaces
directions_car2 carport spaces
2 open car spaces
174 m² floor area
crop_free556 m² lot size
cottageDuplex Semi-Detached
Property history for 71 Saunders Street
2021
Sold
$372,000
16 Sep 2021 by Sonya Baker, of Sonya Baker Property
Happy sellers in Wynyard
90%
sentiment_very_satisfied
90% of sellers in Wynyard reported that their sale price either exceeded or met their price expectations.
Wynyard stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 50 reviews in Wynyard over the last 12 months.
Local market activity for 5 bedroom duplex semi-detached properties in Wynyard
Sold
For Sale
For Rent
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