Two self-contained homes on a generous block with 95% of subdivision works complete on existing properties. Only final water service connections remain to be separated to each property's and signed of by the surveyor.
(Total estimation under $15,000).
Perfect as is or add value!
Unit 1 tenanted for $450/week.
Unit 2 vacant for the purpose of inspections.
Ideal for living in one and renting or selling the other, or subdividing and selling both separately.
Features:
Two separate homes
Near-complete subdivision
Estimated combined resale value: $1,060,000
Strong rental yield around 5%
Potential return on investment approx. 16.5%
Location Highlights:
Close to Sunshine North Train Station and multiple bus routes, making commuting easy
Nearby schools including Sunshine North Primary and high schools
Shopping centres, parks, cafes, and medical facilities all within a short drive or walk
With limited properties available in Sunshine North, this is a smart option for investors or owner-occupiers seeking flexibility and convenience.
