Dual Living Investment & Positive Gearing Potential
All inspections are now available by private appointment, giving you the flexibility to view the property at a time that suits you. Call Leanne on 0424 774 917 or Sharon on 0418 188 163 to arrange a time.
A standout opportunity for investors seeking strong rental returns, genuine dual living and the potential for positive gearing, 4 Brett Road, Victoria Point offers two self-contained living areas under one roof, creating the opportunity to generate two rental income streams from a single 607sqm property.
The upstairs residence is estimated to achieve approximately $760-$780 per week including power and water, while the downstairs residence is estimated at approximately $660-$680 per week including power and water. This provides a combined potential gross rental income of approximately $1,420-$1,460 per week, or up to approximately $75,920 per annum.
Please note, the property is not separately metered for power or water and the above rental estimates are inclusive of these utilities. Investors should factor electricity and water usage into their assessment of the property's potential net return.
Freshly painted and thoughtfully configured across two levels, the home provides six bedrooms, three bathrooms, two kitchens and separate living spaces, together with a large in-ground pool, powered shed, dual side access, solar power and extensive vehicle accommodation.
Investment Highlights
• Genuine dual living configuration across two self-contained levels
• Opportunity to generate two rental income streams
• Upstairs rental appraisal approximately $760-$780 per week including power and water
• Downstairs rental appraisal approximately $660-$680 per week including power and water
• Combined potential gross rental income approximately $1,420-$1,460 per week
• Potential annual gross rental income approximately $73,840-$75,920
• Owned solar system helping offset electricity costs
• Potential for positive gearing, subject to purchase price, finance, utility usage and individual holding costs
• 6 bedrooms and 3 bathrooms across both levels
• Fully fenced 607sqm block in a convenient Victoria Point location
Upstairs Residence
• 4 bedrooms and 2 bathrooms
• Spacious open-plan lounge and dining areas
• Kitchen with electric cooktop, oven, dishwasher and pantry
• Large sliding doors opening to the partially enclosed veranda
• Tiled veranda with plantation shutters providing additional usable living space
• Ducted air conditioning
• Combination of laminate timber flooring and carpet
Downstairs Residence
• Self-contained 2-bedroom accommodation with separate entrance
• Full kitchen with electric cooktop, oven, corner pantry and dishwasher
• Bathroom and generous living area
• Four large glass doors allowing abundant natural light
• Two Crimsafe sliding doors
• Study nook ideal for working from home or additional storage
• Split-system air conditioning
Outdoor & Vehicle Accommodation
• Fully fenced, flat 607sqm block with dual side access
• Large 60,000-litre in-ground swimming pool
• Undercover outdoor entertaining area overlooking the pool
• Large powered shed approximately 6m x 5.2m
• Additional garden shed
• Covered storage bay beside the shed, ideal for bikes, trailer or Jet Ski
• Two single carports plus additional off-street parking
Energy Efficiency & Extras
• Owned solar power system with 20 panels and new inverter
• Security screens and diamond grille security
• Smoke alarm and pool certificate compliant
Lifestyle & Location Perks
• Walk to Thompson's Beach
• Approximately five-minute drive to the jetty for access to Coochiemudlo Island
• Approximately 1.4km to Pelicans Nest Shopping Village
• Close to local shops, cafés, parks and everyday conveniences
• Walk to W H Yeo Park and nearby recreational spaces
• Bus transport available along Colburn Avenue
• Convenient to day care centres, primary and high schools
• Boat ramp at the end of Colburn Avenue
• Cooling bay breezes and relaxed bayside lifestyle
With estimated combined gross rent of up to $1,460 per week, an owned solar system to assist with electricity costs and genuine dual living flexibility, this property offers compelling income potential. While power and water are included within the estimated rents and should be factored into the net return, the overall income potential may provide an opportunity for positive gearing depending on purchase price, finance structure, utility usage and individual holding costs.
Take a moment to view the floor plan, watch the video and take the 3D digital walkthrough. DAILY INSPECTIONS AVAILABLE, call Leanne or Sharon today to book your viewing OR ATTEND ONE OF OUR OPEN HOMES.
Disclaimer: Please note that one of these images has been digitally styled to showcase the potential of the property, providing a glimpse into how it could look. Rental figures quoted are estimates only and are inclusive of power and water. The property is not separately metered for these utilities. Actual rental returns, utility expenses and net income may vary. Any reference to positive gearing is indicative only and will depend on the purchaser's individual circumstances, including purchase price, finance costs, utility consumption, rates, insurance, management fees, maintenance and other holding costs. Prospective purchasers should obtain their own independent financial and taxation advice. We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
