This superb dual-income investment presents an updated three-bedroom, one-bathroom home at the front, showcasing modern interiors along with an updated kitchen and laundry. Freshly refreshed throughout, the main residence offers a comfortable, low-maintenance lifestyle ideal for families, long-term tenants, or buyers wishing to live on-site while generating additional income. At the rear, a fully self-contained one-bedroom, one bathroom provides a steady supplementary income stream, contributing to a strong combined gross rental return of $40,560 per annum total. Fenced separately with good long-term tenants, strong rental demand and minimal ongoing maintenance, this property is perfectly positioned to enhance cashflow and minimise vacancy risk-an exceptional opportunity for investors seeking dependable returns and solid long-term growth.
5 Stuart Street - Main House
• Three-bedroom, one bathroom cottage style main residence
• Built-ins to bedrooms
• Updated eat in kitchen with electric appliances & dishwasher
• Spacious carpeted living area
• Ducted evaporative cooling, wood fire & gas point
• Plantation shutters & vertical blinds installed throughout
• Single carport with paved driveway
• Covered pergola area with low maintenance backyard including garden shed
• Tiled front entry way
• Currently leased at $460pw with an increase to take place February 2026 to $480pw
5A Stuart Street - Retreat
• Carpeted open plan living & bedroom area
• Tiled kitchenette with electric oven & attached dining room
• Reverse cycle split system
• Front patio area with front door entry
• Fenced yard with clothesline & garden shed
• Currently leased at $300per week
Overall Property Features:
• Main house - Vinyl clad construction with Colourbond roof
• Retreat - Rendered brick with iron roof
• 558sqm block*
• Annual rates $3,201.06pa*
