Set on a generous 1,063sqm (approx.) allotment, this unique property offers two self-contained units on a single title, presenting an exciting opportunity for investors, extended families, or developers (STCA).
Unit 1 features:
2 bedrooms, 1 bathroom
Light-filled lounge room
Separate laundry
Handy study nook
Unit 2 offers:
1 bedroom, 1 bathroom
Two spacious living areas
Separate laundry
Undercover rear entertaining deck
Both units include car accommodation, good-sized rear yards, and small storage sheds.
Built in the late 1960s/early 1970s, the units are in largely original condition and would benefit from renovation or modernisation, providing scope to significantly increase rental returns.
Currently leased on month-to-month agreements, the property generates a combined rental income of $36,400 per annum, with potential to achieve around $46,800 per annum (approx.) after refurbishment.
Highlights:
Two units on one title rare opportunity
Land size: 1,063sqm (approx.)
Flexible options: investment, multi-generational living or redevelopment (STCA)
Convenient Boronia location close to shops, schools, parks and transport
Whether you're looking to invest, accommodate extended family, or explore redevelopment possibilities, this property offers outstanding versatility and potential.