Opportunities like this don't come along often. 22 Chisholm Street offers investors and developers the chance to secure an income-producing property today while unlocking even greater returns tomorrow.
Positioned on the highly desirable Canberra side of town, this well-presented 3-bedroom, 1-bathroom home with a single garage has benefited from key updates, including a modernised kitchen, updated carpets and a fresh internal repaint (3-4yrs ago). Comfortable and move-in ready, the home also features reverse-cycle air conditioning for year-round tenant appeal.
The real game-changer is the DA-approved plans for a 2-bedroom, 1-bathroom granny flat at the rear. With approvals already in place, much of the hard work has been done, allowing you to fast-track the creation of a high-performing dual-income investment.
Investment Highlights:
- Existing home with an estimated rental return of approximately $500 per week
- DA-approved plans for a 2-bedroom granny flat with an estimated rental return of $400 per week
- Potential for a combined rental income of around $900 per week
- Updated kitchen, carpets and internal paintwork
- Reverse-cycle air conditioning
- Outstanding Canberra-side location with strong tenant demand
- DA approval already secured, reducing time and development risk
Beyond the dual-income opportunity, there's still scope to add further value. A future bathroom renovation could further enhance the home's appeal, rental return and long-term capital value, giving savvy buyers another avenue to maximise their investment.
Whether you're looking to build a high-yield portfolio, create a dual-income asset or secure a property with multiple ways to grow your return, 22 Chisholm Street delivers flexibility, strong cash flow potential and genuine upside.
Buy today, rent immediately, build when you're ready - and watch your investment work harder for you. Contact Chris Rigney from Agent 2.0 Real Estate on 0488 744 639 to schedule an inspection!
Property Code: 310
