If you're looking for an investment that offers dual income today with genuine potential for future growth, 22 Mitchell Street is well worth a closer look.
Set on a generous 1,083sqm block, this well-maintained duplex comprises two separate 2-bedroom, 1-bathroom units, each with its own carport.
The property has also benefited from significant improvements over the past few years, including:
New roof
New driveway crossover
New air conditioners
New ovens
Exterior repaint
But the real opportunity lies in the land. With plenty of usable space to the rear, there may be potential to add another dwelling or further improve the property's income-producing capacity, subject to council approval and all necessary approvals.
This is an opportunity for the savvy investor looking for an established dual-income property with room to add value over time.
With improvements already completed and additional land to work with, this property offers more than just today's rental income; it provides the opportunity to look at what the property could become in the future.
- Garden sheds for additional storage for each unit.
- Currently returning a combined $800 per week.
