Positioned within a tightly held and high demand East Orange precinct, this outstanding property presents a rare opportunity to secure a fully renovated, income generating asset with substantial long term upside.
Set on an expansive 1,214sqm parcel with valuable rear lane access, the property comprises a meticulously renovated four bedroom residence complemented by a substantial 19.4m x 8m detached shed, separately fenced to maximise flexibility and income potential.
The main residence has been finished to a high standard, showcasing a contemporary kitchen, stylishly appointed bathrooms, and quality timber flooring throughout. These upgrades not only enhance liveability but also ensure strong tenant appeal and minimise future capital expenditure. The home is estimated to achieve approximately $800 per week, with the rear shed providing an additional income stream of around $300 per week delivering an attractive combined return.
Beyond the immediate cashflow, the true value lies in the landholding. The generous scale, functional layout, and dual access create excellent scope for subdivision, secondary dwelling addition, or future redevelopment (STCA) making this both a high performing investment and a strategic long-term acquisition.
- Fully renovated, turnkey asset requiring no further capital outlay
- Combined rental potential of approximately $1,100 per week
- Expansive 1,214sqm block with rear lane access
- Separate, income-producing improvements with flexible usage
- Blue-chip location within close proximity to schools, CBD, and essential amenities
- Significant upside through subdivision or development (STCA)
- A rare offering that seamlessly combines immediate income performance with long term capital growth potential.
- Council Rates: $721 per quarter approx.
- Water Rates: $82 per quarter approx.
