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94 & 94A Otway Street, Portland, VIC 3305, 5 Bedrooms, 2 Bathrooms, House

$485,000

94 & 94A Otway Street, Portland, VIC 3305

5
2
2
643m2
HouseListed on Tue Jul 23

Portland 5 Bedroom Double Up Your Investment

This property is more than it seems from the front, offering a delightful three-bedroom main residence with a separate self-contained unit hidden at the rear. The flexibility of this property makes it a very appealing investment opportunity, taking advantage of a dual rental income. It is also an ideal solution for those looking for a separate residence in close proximity for extended family living. The main house is both neat and inviting and boasts a spacious layout, carpeted throughout with good kitchen storage and a single garage. The additional residence at the rear is currently tenanted at $300 per week on a fixed term lease until June 2025 and the main residence is currently on a fixed term lease at $390 per week until November 2025, providing a fantastic opportunity with a steady income stream. This tidy two-bedroom unit also includes its own backyard, ensuring privacy and a sense of space while being tucked away from the street. Only 1.2km from the town centre, with schools and kindergartens close by and the convenience of a milk bar a couple of blocks away, this property is in a great location. . Don't miss out on this rare chance to secure a home that offers both flexible living or a dual rental income in a desirable location.

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Portland Primary School
0.79 km
Primary
Prep-6
Government
icsea: 965
Portland Secondary College
1.92 km
Secondary
7-12
Government
icsea: 942

Property history

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Portland surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
4A Frost Court, Portland
0.21 km
2
1
-m2
Year 2024 Month 12 Day 19
$269,000
Council approved
6 Salthouse Place, Portland
0.32 km
3
1
-m2
Year 2024 Month 12 Day 08
$295,000
Council approved
108 Otway Street, Portland
0.19 km
3
2
-m2
Year 2024 Month 11 Day 14
$370,000
Council approved
96 Otway Street, Portland
0.01 km
3
1
-m2
Year 2024 Month 11 Day 11
$345,000
Council approved
85 Otway Street, Portland
0.48 km
3
1
-m2
Year 2024 Month 08 Day 08
$415,000
Council approved

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Ref:eagle_1449895Last update:2024-12-19 03:58:27