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16 Wood Road, Foster, VIC 3960, 4 Bedrooms, 2 Bathrooms, House

$495,000

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16 Wood Road, Foster, VIC 3960

4
2
3
853m2
HouseListed on Thu Sep 19
Price drop

Foster 4 Bedroom DUAL OCCUPANCY INVESTMENT

Purchase this property and your getting two for the price of one, as it is currently configured as two separate 2 bed homes on one title.

With the added bonus of currently being tenanted by a corporate tenant making it an ideal set and forget investment.

The first home at the front of the property has 2 bedrooms, a large open plan lounge with raked ceilings, kitchen with ample bench space and cupboards, separate dining area, a 2nd lounge, recently updated bathroom with shower, vanity and a separate toilet.

Solid wood heater and split system keep you cosy all year round. Timber floor boards throughout the home.

A large rear deck overlooking the town and Hoddle ranges with an internal laundry off the deck.

The second home at the rear of the property is only a few years old and has two bedrooms with BIR,s a central open plan lounge, kitchen and dining area and a bathroom with shower, vanity and toilet. This makes an ideal teenager space or parents on site dwelling if you were to occupy the home in the future. At the centre of the property is a 2 car carport, with the 2nd home having it own attached carport.

There is space to add additional off street parking at the front of the main home.

The current tenant is in place until mid April 2025 and keen to stay on making this an ideal investment to add to the portfolio.

Or purchase and occupy yourself once the current lease ends and have the ability to use the two dwellings as you please.

Contact our office to arrange a private inspection.

Inspections must be pre booked with appropriate notice provided to the tenant.

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Foster Primary School
0.62 km
Primary
Prep-6
Government
icsea: 1001
Foster Secondary College
0.87 km
Secondary
7-12
Government
icsea: 1016

Property history

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For developers

lot2
planPS609454
zoneCodeGRZ1
primaryZoneDescriptionGENERAL RESIDENTIAL ZONE - SCHEDULE 1
URLhttps://www.planning.vic.gov.au/

Foster surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
8 Devlin Road, Foster
0.29 km
3
1
-m2
Year 2024 Month 12 Day 11
$340,000
Council approved
1/13 Hyland Street, Foster
0.33 km
2
1
-m2
Year 2024 Month 11 Day 07
$392,500
Council approved
7 Hyland Street, Foster
0.36 km
4
2
-m2
Year 2024 Month 10 Day 17
$580,000
Council approved
12 Landy Road, Foster
0.17 km
4
2
-m2
Year 2024 Month 10 Day 03
$580,000
Council approved
37 Nelson Street, Foster
0.43 km
3
1
-m2
Year 2024 Month 09 Day 09
$490,000
Council approved

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Ref:L30765603Last update:2024-12-18 11:07:24