A fantastic opportunity awaits here on a large 1,036 square-metre block with lovely elevated northerly aspect, ideal dual-income investment or dual-living owner-occupier (think elderly parent or adult child at home), or a combination, complete with the opportunity to further develop at the rear (STCA). Currently the 4 bedroom house is a rental, to be vacated shortly, is in excellent condition with some updates, along with a fully enclosed sunroom plus outdoor patio capturing lovely northerly views across to the Merri River parkland. It has its own enclosed rear yard. Sitting below the house and with its own separate entrance at the rear of the large garage with storage area, is a well-appointed one-bedroom unit, also currently rented until the end of the year.
A market-value combined potential rental assessment sits around $900 per week - representing a 5.5% annual return.
Quality-built brick property, located in a highly regarded inner-North Warrnambool location close to Centro Shopping Centre, primary and secondary schools, Aquazone, Botanic Gardens, CBD, and a walk to the Russells Creek walking trail or Merri River.
Photos are from prior to current renters moving in.
While some of our properties are available to inspect at open homes, ALL of our properties are available to be inspected by appointment. Get in touch to arrange a time that suits.
Disclaimer:
For Statement of Information & Due Diligence please head to our website at www.wilsonswarrnambool.com.au. All measurements & boundary indications are correct to the best of our knowledge, as provided by property owners and external websites. Please complete due diligence to confirm.