73 Stanley Street

Orbost VIC 3888

0 m²

1077 m²

House

Currently for sale - view listing

Overview

Rare Orbost Duplex Returning Over 7%

A duplex home in Orbost…a rare find indeed! Whether you are an investor looking for an above average rental return, a buyer looking for your own home with a passive income stream or are searching for a home for your extended family, 73 Stanley Street in Orbost may just be for you. The functional building is divided almost in half to provide two Units, each with their own access to the front and to the rear. Both units have undergone significant renovation during the current ownership. The property is currently professionally managed by Coast to Country Real Estate with two excellent tenants in place and returning $640 per week. Unit 1 is located to the western side of the building and features carpeted bedrooms, both with near new built in robes and a stylish family bathroom with an easy access, walk in shower and raised external window, providing excellent natural light. This unit has a natural feeling of space with an open plan kitchen, living and dining area featuring polished floorboards. The modern kitchen is complete with breakfast bar, an induction cooktop and dishwasher, perfect for the home chef. Reverse cycle air conditioning helps keep the unit at a comfortable temperature all year round. Unit 2, originally the owner's residence, features an open plan kitchen, living and dining area with polished floorboards. The modern kitchen is complete with island bench, an induction cooktop and dishwasher. There are two carpeted bedrooms both with built in robes, and a bathroom with plenty of natural light from the skylight above the large, easy access, walk in shower. Reverse cycle air conditioning in the lounge, helps keep this unit comfortable all year round. There is a shared laundry on the north facing veranda with plenty of space to enjoy the fresh air and the outdoors. A shared double garage with parking space for two cars provides secure parking. For added security, the side gate is remote controlled. There are established vegetable gardens in the very spacious rear yard for those that enjoy gardening. There are two separate electricity meters and the building is also fitted with a grid connected solar system to both units to help keep those electricity bills low. There is also a shared front veranda. At well over a quarter of an acre (1077 m2), and with the main building located to the front of the block, there may also be the possibility of subdividing the block (STCA). Alternatively, with so much room, further extension of the current units may also be possible to create additional living spaces or to add extra bedrooms (STCA). Centrally located in popular Stanley Street, It's only a short stroll to the Orbost Club, the P-12 Community College and the Hospital. The Orbost CBD and Recreation Reserve are also an easy walk. This property will certainly suit a wide range of buyers so don't miss out. Please view our Virtual Tour online and contact Richard Ivey on 0401 113 310 for more information or to arrange an inspection. Please Note : This property is tenanted and sufficient notice will be required for an onsite inspection.

Features

4 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

0 m² floor area

1077 m² lot size

House

Property history for 73 Stanley Street

2017

Sold

Undisclosed

24 Aug 2017 by Cassie Young, of King & Heath First National Lakes Entrance

Happy sellers in Orbost

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