This amazing property is unique in that it offers two dwellings and two titles in the one package.
The front home enjoys its own street frontage and features a recently rejuvenated interior with two bedrooms (built-ins), a lounge/dining room, meals area, a superb kitchen and an attached one bedroom assisted living unit. Located at the rear on a separate title is a one bedroom self-contained home with double lock up garage.
For the investors, there are currently tenants in place for the front property returning $2,499 per calendar month with potential to rent out the rear property and increase this to over $3,500 per calendar month.
Whether you decide to move the extended family in, develop the 995sqm (approx.) block (STCA) or secure it purely for investment purposes, this is definitely worth your while. Potential 3-4 units (STCA).
Features:
*Investment or development opportunity (STCA)
*GDH, space heater & split system heating/AC
*Double carport, double garage & garden shed
*Polished floorboards, carpets & tiles throughout
*Near Eastlink, Jubilee Park & Aquanation
*Easy walk to Ringwood Station, Eastland & Costco
*In the Ringwood Secondary College school zone