Developable Site with Dual Income Potential - Option to build your own home on the vacant portion of the land! Why not finish 2025 with a really strong yield and a property with further scope.
Unlock the potential of this exceptional property featuring two modern, self-contained dwellings on a spacious, subdividable plot (subject to planning approval). With separate electric meters, dual kitchens, and established gardens, this property offers a rare opportunity for homebuyers or investors seeking house-and-income flexibility, with room for even more.
Key Features:
• Two Separate Modern Dwellings: Both homes are equipped with their own kitchens, bathrooms, and sun decks, ensuring privacy and comfort for each residence.
• Dual Income Opportunity: Currently rented at $430 per week (front dwelling) and $300 per week (rear dwelling)-a solid return on investment from day one.
• Energy-Efficient Features: Solar panels feed excess electricity back to the mains, offering an eco-friendly solution and reduced energy costs.
• Spacious Interiors: With a total of three bedrooms, two bathrooms (one with a bath), and a versatile utility room, these homes provide ample living space for tenants or a large family.
• High-Quality Finishes: The rear unit boasts stunning Hard Blackwood floorboards and full-glass doors leading to a sun-drenched deck, while the front unit features hardwood floors in the bedrooms.
• Ample Workshop and Storage: A large garage with an expansive workshop area caters to DIY enthusiasts or those in need of extra storage.
Established Gardens: Both dwellings are surrounded by beautifully maintained gardens featuring mature fruit trees, including cherries, apples, plums, pears, quince, and more, providing the perfect mix of indigenous and European flora.
• Outdoor Water Collection: Two large rainwater tanks support sustainability and garden maintenance.
• Bonus Fenced Area: A fully gated and fenced section at the rear offers additional space to develop, subject to council approval. Dream big-create a third dwelling or any other project you envision.
• Prime Location & Scope to Subdivide: This large block holds potential for future subdivision (subject to planning consent), making it an ideal investment for those looking to add even more value.
With quality appliances and renovations completed in 2023, this property is move-in ready or primed for tenants, making it an excellent choice for those looking to capitalize on its dual-income setup. The lovely established fruit trees and friendly neighbours add to the charm of this unique property.
Don't miss out on this rare opportunity to secure a house-and-income property with limitless potential!
