Generous 1097m² of level, well-elevated, flood-free land, this exceptional property presents a rare chance for buyers seeking multiple streams of income. Main Residence: The original home stands solid and well-maintained, offering four bedrooms, a large eat-in kitchen, a formal lounge, and a spacious entertainer's deck. Its classic charm combined with modern functionality provides comfortable living for tenants or owners alike. Newly Constructed 2-Bedroom Residence: Nestled behind the original home is a newly constructed 2-bedroom residence designed with modern living in mind. This contemporary space features a single carport, an open lounge, dining, and kitchen area, along with two generously sized double bedrooms and a combined bathroom and laundry. It's ideal for tenants seeking convenience and comfort. Dual Income Streams: Enjoy the benefits of two rental incomes simultaneously, with the original home leasing for $490 per week and the newly constructed 2-bedroom residence fetching $380 per week. Versatility: Perfect for investors looking for future development opportunities or families seeking combined living arrangements while maintaining privacy. Location: Positioned on elevated, flood-free land, providing peace of mind and potential for capital growth. Income Generation: Secure two rental incomes while capitalizing on future development potential. Investment Security: Solidly constructed original home and modern, well-designed 2-bedroom residence ensure steady rental returns. Flexibility: Accommodate extended family members or tenants with separate living spaces. Location Benefits: Enjoy the convenience of a desirable location with ample space and privacy.
