New
Prime Investment Opportunity – Duplex Pair on 1480m² Corner Block with Development Potential
Presenting an exceptional investment opportunity, this property offers a well-maintained duplex pair of 2-bedroom, 1-bathroom units, set on a generous 1480m² corner block with immense potential for future development. Whether you're looking to secure a reliable income stream or explore the option to expand, this property ticks all the boxes.
Key Property Features:
• Duplex Configuration: The property includes two separate 2x1 units, each offering a comfortable layout with spacious living areas, functional kitchens, and two good-sized bedrooms.
• Generous Corner Block: Spanning 1480m², this large corner block offers the opportunity to further capitalize on the property's prime location and ample land size.
• Development Potential: Zoned for medium-density development, the site has potential for adding up to two additional units at the rear (subject to council approval). This makes the property an attractive option for those looking to develop or enhance their investment portfolio.
• Spacious Outdoor Areas: Both units feature private outdoor spaces, ideal for tenants to enjoy or for potential landscaping enhancements. The expansive land also offers plenty of room for future development while maintaining privacy.
Investment Opportunity:
• Dual Income: The duplex pair offers steady rental income while you explore development options, or you can choose to live in one unit and rent the other. Both units are on perodic leases
• Subdivision/Development Potential: The large corner block presents the perfect canvas for further subdivision, subject to council approval, making this a smart long-term investment.
With its prime location, spacious corner block, and exciting development potential, this property offers endless possibilities. Whether you're looking to enhance your portfolio, secure a dual-income property, or explore the potential for future development, this is an opportunity not to be missed.
Contact Ashley Mitchell on 0409 912 128 today to learn more and schedule a viewing!
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.24 km | 3 | 1 | 84m2 | Year 2024 Month 12 Day 12 | - | Council approved | |
 | 0.34 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 29 | $326,000 | Council approved | |
 | 0.22 km | 4 | 2 | -m2 | Year 2024 Month 09 Day 16 | $472,000 | Council approved | |
 | 0.22 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 31 | $342,000 | Council approved | |
 | 0.35 km | 3 | 2 | 154m2 | Year 2024 Month 08 Day 16 | $460,000 | Council approved |