Dual-Income Corner Block with Approved Subdivision – 101 Casey Street & 48 Murphy Street
A rare and versatile investment opportunity awaits with this dual-dwelling, duel income property on a spacious 1196m² corner allotment, offered on a single title. Comprising two separate 2-bedroom, 1-bathroom homes, this property delivers immediate rental income and future development upside - complete with an approved planning permit for subdivision.
Both dwellings are in original condition with some updates already completed, and all compliances current. Currently tenanted, the property's return a combined rental income of $750 per week ($39,000 p.a.), making it ideal for investors, developers, or owner-occupiers seeking strong holding income.
Located in a prime position close to the CBD, local schools, hospital, and university, this property combines convenience, income, and future growth in one outstanding package.
Key Features:
Large 1196m² corner allotment on a single title
Two x 2-bedroom, 1-bathroom dwellings
Planning permit approved for subdivision
Combined rental income of $750.
Dwellings in original condition with updates and full compliance
Prime location near CBD, schools, hospital, university & transport
Ideal for investors, developers, or multi-generational living
Opportunities like this - with income, location, and approved potential - are extremely rare. Act now to secure this standout property with multiple pathways for return.
