Contract Crashed! Dual Income with Broader Future Options
CONTACT AGENT TO ARRANGE AN INSPECTION A compelling opportunity to secure a dual-income holding on a generous 556m² block in one of Balmoral’s most tightly held streets. The property comprises two self-contained 2-bedroom units, each with its own bathroom, car accommodation and separate entry, all held on one title. The current combined income is $1,020 per week ($53,040 per annum), with secure tenancies in place through late 2026, allowing buyers to hold the site with income while planning ahead. The block offers strong fundamentals for a range of buyer profiles, including investors, builders and those exploring future redevelopment or a new home build. Buyers may choose to retain the duplex as a high-yield investment, upgrade over time, or assess longer-term options supported by the site’s scale, location and income base. Positioned moments from Oxford Street, transport, schools, parks and lifestyle amenities, this is a rare Balmoral offering where income, land size and flexibility align. If you intend to demolish, including partial demolition of a building or structure, you should seek relevant professional advice about the age of the building or structure and the requirements of the City Plan 2014. This property is being offered for sale by public auction. As a result, a price guide cannot be provided. Any information provided by the agent is general in nature and should not be relied upon as a representation of the seller’s minimum price or likely selling price. Buyers must make their own enquiries and rely on their own inspections, searches and legal advice.
