This double story duplex is massive not only in size, but also in potential.
Currently ready to subdivide or leave it as is.
Each side of the duplex comes with 2 generous bedrooms with ceiling fans, spacious living areas with split system air-conditioning and open kitchens with generous cupboard space. Downstairs features external access with an extra living area that is in itself fully self contained with a kitchen, bathroom and laundry.
This property is currently tenanted out as 4 self-contained units providing a rental return totaling $870 per week, however the opportunities are endless! Live in one side of the duplex and use the rent from the other to help with the repayments OR renovate one duplex at a time until it becomes your dream residence OR keep it purely as a great low risk investment showing a great yield OR maybe even just move the whole extended family in!
This duplex will appeal to renovators, savvy first homebuyers, investors or anyone with a keen eye for a good prospect. Located close to the main thoroughfares into the city, and the local schools and shops, this property has so much upside.
This is a Torrens title building that could be subdivided into two strata title units and is being sold as one title.