632.3m² block | Dual Street Frontage | DA Approved
AUCTION Unless Sold Prior
Positioned on a generous 632.3m2 block with rare dual street access via Horsley Road and Deakin Street, this unique property presents an exceptional opportunity for investors, developers, or savvy buyers looking to secure a high-yield asset with future potential.
Currently configured as a three-bedroom, two-bathroom home, the residence is tenanted at $680 per week with a lease in place until 21st May 2026, offering solid immediate returns.
Adding to the income potential is a separate commercial/storage unit (Approx 56.2m2) with access from Deakin Street, which can achieve an additional $350 per week. Combined, the property can generate a total annual income of approx $53,460.
• DA Approved for three dwellings - ideal for redevelopment plans available on request
• Opportunity to capture lake views in future development
• Dual frontage for flexibility in design and access
• Prime Oak Flats location, blue-chip street, just moments to local shops, schools, public transport, and the lakefront
• Ceiling fans, Air Con and Gas connection for heating
• Current house is very spacious; offering 2 bathrooms and 2 living rooms
• Huge family kitchen, with timber cabinetry, electric stove, gas hob and dishwasher
Whether you're looking to invest and hold, generate strong returns, or capitalise on the development potential with DA approval in place, 46 Horsley Road is an unmissable offering in the heart of Oak Flats.
Contact Alex Cockcroft on 0427 785 000 or Adam McGrath on 0414 572 229 today for more information.
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