INVESTOR'S DELIGHT OR DEVELOPMENT SITE! - COUNCIL APPROVED 2x NEW DWELLINGS AT THE FRONT
Proudly presenting a rare and exciting opportunity to secure three self-contained dwellings on one expansive 954.7sqm title, ideally suited for the savvy investor, multigenerational living, or those seeking a flexible, high-yield portfolio addition.
What makes this property truly standout is it's development potential:
• Opportunity to build two brand-new dwellings at the front of the property
• Alternatively, retain existing dwellings and enjoy ongoing rental income
• Rare flexibility to redevelop now or landbank for future gains
This makes it one of the most unique and opportunity-rich properties in the local market.
DWELLING 1 - HOUSE
The original residence exudes practicality and functionality, showcasing:
• 3 evenly sized bedrooms, each bathed in natural light and ideal for comfortable family living
• 1 bathroom
• A well-equipped kitchen with gas stovetop, rangehood, ample cabinetry, and prep space
• Beautiful hardwood floorboards throughout for a timeless and low-maintenance finish
• Fully fenced, private outdoor area with rotating clothesline
This home provides a solid foundation for a family or an easy-to-maintain investment option with strong rental appeal of $700/week.
DWELLING 2 - GRANNY FLAT
Tastefully renovated and move-in ready, this stylish dwelling features:
• 2 generous bedrooms, both with built-in wardrobes for optimal storage
• A modern bathroom showcasing sleek finishes
• An open and inviting living/dining area with high ceilings, enhancing space and light
• A well-equipped kitchen with gas stovetop, modern cabinetry, and ample prep space
• Beautiful tiled flooring in living areas and timber floorboards in the bedrooms, striking a perfect balance of comfort and style
An ideal option for tenants or family members seeking a more contemporary lifestyle with an expected rental return of $550/week.
DWELLING 3 - STUDIO
Located at the rear of the property, potentially offering $400/week rental income; this fully self-contained studio offers great versatility:
• Opened bedroom
• 1 well-appointed bathroom
• Open living space seamlessly integrates with kitchen
• Tiled floors in the living spaces paired beautifully with timber floorboards in the bedrooms
Stepping outside into a true gardener's sanctuary - the backyard is for those who love to grow, nurture, and harvest. A fully established vegetable garden offers the perfect space to cultivate your own produce, while the dedicated outdoor sink adds practicality for potting, rinsing, or prepping harvests on the spot. Surrounded by ample open space and bathed in natural light, this green retreat is a rare find - a peaceful, productive paradise for hobbyists and green thumbs.
UNBEATABLE LOCATION:
• St Therese Catholic Primary School just across the road
• 5-minutes to Cartwright Public School
• 5-minutes to Ashcroft Public School
• 4.4km to Westfield Liverpool
• 600m from Edwin Wheeler Reserve
• 2-minutes to Miller Central
• 3-minutes to Michael Wenden Aquatic Leisure Centre
This is truly a rare find that combines immediate returns with future growth potential. Whether you're looking to generate multiple streams of rental income across three self-contained dwellings, accommodate extended family, or take advantage of the CDC-approved duplex development, this property delivers flexibility and value in every direction. With so few offerings like this on the market - and on a substantial 955sqm block - it's not just a home, it's a strategic investment into your future. Opportunities like this are incredibly hard to come by, and this is one you surely won't want to miss!
Disclaimer: Ray White Canley Heights, its directors, employees, and related entities believe that the information provided is gathered from reliable sources. However, no guarantees or warranties are given, intended, or implied. Interested parties should conduct their own inquiries.
