Offering an exciting combination of versatility, income potential and convenience, this unique Central Wodonga property is an ideal choice for investors, extended families or buyers looking to maximise the potential of their property.
Set on a generous 656m² allotment, the property comprises a charming 1940s weatherboard home together with a separate one-bedroom dwelling at the rear. With the potential to achieve a combined rental return of approximately $750 per week, it presents an appealing opportunity to secure two dwellings within one well-positioned property.
The main residence retains the character and warmth of its era, featuring three bedrooms, a central bathroom, polished timber floorboards and a traditional fireplace that adds a welcoming focal point to the living area. A generous dining space provides plenty of room for family gatherings, while split-system heating and cooling ensures year-round comfort.
Privately positioned at the rear, the separate one-bedroom unit provides excellent flexibility. Whether utilised as a second income stream, accommodation for extended family, a guest retreat or additional space for older children, its versatility is a standout feature. The exceptionally generous bedroom has two separate entrances and offers the possibility of creating two bedrooms, subject to the necessary approvals.
Recently refreshed with new paintwork, the unit includes an updated galley-style kitchen, split-system heating and cooling, covered alfresco entertaining and its own carport with dedicated driveway access.
Adding another layer of appeal, the property enjoys a rare connection to the adjoining park and playground, with a private gate providing direct access. It is a feature that will be particularly appreciated by families, while also adding to the appeal for prospective tenants.
Further improvements include a new roof, eaves and guttering, together with a renovated laundry. Separate fencing to the rear yards provides each dwelling with its own private and secure outdoor space.
Located within easy reach of Central Wodonga's shops, restaurants, services and everyday amenities, the property combines convenience with genuine flexibility and strong future potential.
Key Features
Two separate dwellings on one generous 656m² allotment
Three-bedroom character-filled main residence
Separate one-bedroom rear unit
Potential combined rental return of approximately $750 per week
Polished timber flooring and original fireplace
Split-system heating and cooling
Updated kitchen to rear dwelling
Covered alfresco area
Separate carport and dedicated driveway
Separately fenced rear yards
Private gate access to adjoining park and playground
New roof, eaves and guttering
Renovated laundry
Excellent Central Wodonga location
Scope to further renovate and add value
Potential gross rental yield of approximately 6%
Whether you're an investor seeking multiple income streams, a family looking for flexible accommodation, or a buyer searching for a property with genuine scope to improve and add value, this is an opportunity that offers far more than meets the eye.
Two homes, a versatile layout, excellent location and income potential this is an opportunity well worth inspecting.
