For Sale $1,200,000


New to market is this rare and unique residential investment property with large residential home upstairs and two flats downstairs. You can add this magnificent property to your investment portfolio or live upstairs and earn a passive income from the units downstairs, whichever way you decide to use the property you will be the big winner .

The property boasts a large full brick residential home upstairs featuring a well-appointed kitchen, large living and dining areas, four large bedrooms high ceilings, bathroom with and extra shower and toilet in the laundry, large verandah with park views plus double garage with internal access. Downstairs boasts two one bedroom flats fully occupied with long standing tenants, plus 2 car spaces, total of 4 parking spaces on the property, the flats both have their own external laundry. The property sits on a large 675sqm block with potential for further development, STCA. This unique property is situated near a major shopping centre, other large retail and food outlets, plus a medical centre, public library, school, lake Illawarra, beach, and public transport, all within walking distance. Potentially if fully leased you could earn around $52.000 pa. This is a fantastic unique property that is very rarely seen on the market.

Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.