Opportunities like this are rarely available.
Positioned on one title and professionally completed, this unique property combines a three-bedroom lowset home with a separate three-bedroom lowset granny flat at the rear, creating an outstanding dual income investment with serious future earning potential.
Currently returning a combined $1,000 per week, the property offers immediate cash flow from day one. With upcoming rental reviews and strong local demand, the combined rental return has the potential to reach approximately $1,300 per week, subject to market conditions and rental appraisal.
Unlike many improvised dual living setups, both residences have been thoughtfully positioned to provide separation, privacy and comfortable everyday living.
29 Dion Drive, Main Residence
The original lowset home offers a practical and easy care layout with:
Three bedrooms
Open plan living and dining
Functional kitchen
Family bathroom
Internal laundry
Covered front and rear entertaining areas
Private courtyard and landscaped yard
Off street parking
29A Dion Drive, Rear Residence
The modern granny flat has been professionally completed and provides a genuine second home, featuring:
Three bedrooms
Modern kitchen
Open plan living and dining
Contemporary bathroom
Air conditioning
Covered outdoor entertaining deck
Ceiling fan to the entertaining area
Separate yard space
Private access and excellent separation from the main residence
Why Investors Will Love It:
Two separate three bedroom residences
Six bedrooms in total
Current combined return of $1,000 per week
Potential combined return of approximately $1,300 per week
Multiple income streams from one property
Professionally completed rear residence
Low maintenance yards and improvements
Strong appeal to families, extended families and investors
Opportunity to increase the return through future rental reviews
A ready made investment with tenants and income already in place
Whether you are building a high yield portfolio, looking for a flexible multigenerational living arrangement or searching for an investment that offers more than the standard home, 29 and 29A Dion Drive delivers two incomes, six bedrooms and one very compelling opportunity.
This is the type of property investors spend months searching for.
Contact Michael O'Brien and the Hendlay team today for further information or to arrange your inspection.
