This privately situated duplex presents a rare chance to secure 2 units on a generous 1,984 sqm block, situated in a peaceful bushland backdrop. Offering dual street frontage to Norris Street and Sir William Hudson Street.
Property Features:
* Front Unit: 1-bedroom, 1-bathroom with a spacious open-plan living, kitchen, and dining area. Recently refreshed with new paint and carpet. Currently leased for $300 per week.
* Rear Unit: 2-bedrooms, including a walk-in robe, large kitchen, and open living/dining space. Also freshly painted and carpeted. Currently leased for $350 per week.
* Natural gas heating installed. The units offer loads of natural light throughout.
* Both units include combined bathroom and laundry facilities.
* Reliable Tenants: Long-term tenants in place, generating a total income of $650 per week with ROI in the area of 6- 6.2%
* The R2 zoning (min. 500 sqm lots) opens up exciting development potential (STCA).
This duplex offers strong existing returns and the potential to boost value further. An ideal opportunity for investors seeking capital growth and rental income in a sought-after area.
