The Ultimate "Mortgage Buster" or High-Yield Investment.
Situated in a quiet, central pocket of Blackwall, 26 Springwood Street offers a unique dual-living configuration that is increasingly hard to find. Whether you're looking to offset your mortgage with a secondary income, live in an extended family home in total privacy, or secure a high-yield "set and forget" investment, this property delivers potential in spades.
The Main Residence - Character & Opportunity:
The character-filled three-bedroom home features an open plan living and dining area that flows seamlessly onto a large covered entertaining deck-the perfect spot for Sunday BBQs. With a country-style kitchen and "solid bones," there is genuine scope to add value with a modern cosmetic refresh and reap the capital gains.
The Granny Flat - Truly Independent Living:
Unlike most secondary dwellings, this council-approved one-bedroom flat enjoys its own private yard and separate street frontage. Modern and convenient, it features a built-in robe, a practical kitchen, and a combined bathroom/laundry. It's the perfect high-demand rental or a retreat for parents or teens.
The Location - The Best of the Peninsula:
- Walk: Seconds to the Brisbane Water waterfront, Peninsula Leisure Centre, and local transport.
- Drive: 3 mins to vibrant Ettalong Beach village, foreshore and ferry to Northern Beaches.
- Commute: 5 mins to Woy Woy station for a smooth commute to Sydney CBD.
Key Features:
- Dual occupancy on a low-maintenance block.
- Independent access for both dwellings (Total Privacy).
- High rental demand area with proven capital growth.
- Off-street parking for multiple vehicles.
Key Details:
Council rates: $2672 per annum
Water rates: $1185 per annum
Potential rent return: $650 - $700 per week and $420 - $460 per week
Don't miss this fantastic investment opportunity. For more information OR to book an inspection, please call Anthony McVicker on 0498 112 351.
DISCLAIMER: Wiseberry Peninsula has obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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