Set in the peaceful village of Colo Vale, 13 Elm Street presents a unique opportunity to secure a character-filled main residence alongside a separate duplex positioned at the rear. Offering three individual residences across the property, this is an ideal setup for investors, extended families or buyers looking to live onsite while generating a substantial rental income.
The Main Residence | 3 Bed · 1 Bath
Positioned proudly at the front, the three-bedroom, one-bathroom main residence is full of warmth and character, with a distinctive Mediterranean-inspired façade featuring sweeping arches, warm brickwork and a classic terracotta-tiled roof.
Surrounded by established gardens, the home offers a comfortable and inviting layout with plenty of personality. Whether enjoyed as your own home or utilised as an additional rental income stream, the main residence provides even more flexibility to this already impressive property.
The Rear Duplex | 2 Bed · 1 Bath Each
Positioned separately at the rear of the property is a duplex comprising two individual two-bedroom, one-bathroom residences, creating an outstanding dual-income opportunity.
Each duplex residence has the potential to achieve approximately $600 per week, providing an estimated combined rental return of $1,200 per week or $62,400 per annum from the duplex alone.
With the main residence offering the potential for a third rental income stream, 13 Elm Street provides an exciting opportunity for investors seeking strong cash flow and potential positive gearing.
One property. Three residences. Three potential income streams.
Rental figures are estimates only and are subject to market conditions and formal rental appraisal. Positive gearing will depend on purchase price, finance arrangements and property outgoings
