Floor plan
Living area
Kitchen
Beds
ZONED: TERRACED HOUSING & APARTMENT ZONE: 812 m² SECTION
TWO TERRACED HOUSES WITH A COMBINED INCOME OF $825 PER WEEK
A golden opportunity for savvy investors! Double income and development potential close to the town centre and train station.
KEY FEATURES
1. Positioned on a large 812m² section, this property offers two rental incomes plus future development.
2. Duplex: First dwelling: Featuring 3 bedrooms, a separate laundry, a separate toilet and open plan living. Plus, a carport and a fully fenced yard for privacy and security.
3. The second dwelling: Featuring 2 bedrooms, open plan living, a separate toilet, a separate bathroom, and concealed laundry in a cupboard. The fenced yard provides a safe place for children to play.
DEVELOPMENT POTENTIAL
With its location in a Terrace Housing and Apartment Building Zone, this property presents a unique opportunity for those with a vision for the future. Explore the possibilities of building additional units or expanding the existing structures to maximize the potential returns on this prime real estate.
LOCATION
Conveniently located close to the town centre, schools and the train station. This property not only offers a wise investment opportunity but is also great as a development opportunity.
An opportunity not to be missed. Call today to view.
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,150,000 | -7.7% | 25 |
2022 | $1,246,250 | -3.8% | 32 |
2021 | $1,295,000 | 30.2% | 83 |
2020 | $995,000 | 22.1% | 46 |
2019 | $815,000 | -5.2% | 45 |
2018 | $860,000 | 2.8% | 45 |
2017 | $836,391 | 11.5% | 34 |
2016 | $750,000 | 16.3% | 41 |
2015 | $645,000 | -2.3% | 61 |
2014 | $660,000 | - | 57 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 2 | 1 | -m2 | Year 2024 Month 04 Day 05 | $490,000 | Council approved | |
 | 0.36 km | 3 | 1 | -m2 | Year 2024 Month 03 Day 21 | $795,000 | Council approved | |
 | 0.35 km | 4 | 2 | 171m2 | Year 2024 Month 02 Day 27 | $937,500 | Council approved | |
 | 0.20 km | 4 | 2 | 160m2 | Year 2024 Month 02 Day 15 | $990,000 | Council approved | |
 | 0.57 km | 3 | 1 | -m2 | Year 2023 Month 12 Day 04 | $799,000 | Council approved |