4 Mark PlaceNunawading, VIC 3131

You’ll be hard pressed to find a better investment option than what’s on offer here: that being two properties on the one title that can generate two streams of income! Sited on a large 716sqm (approx.) corner block, the front residence (4 Mark Place), which enjoys excellent presentation, four bedrooms serviced by a spa bathroom, ducted heating, two living areas, modern kitchen and an easy-care paved courtyard, can be leased out for $420 per week, while 1/59 Sandy Street — a completely separate dwelling with its own power and rates, large living room, kitchen, large bathroom and robed bedroom — can be rented out for $260 per week. If you’re tempted to redevelop (STCA), you can therefore do so with the prospect of a healthy income stream flowing into your pockets while awaiting plans and permits approval, while there’s also scope to move into one home, lease out the other or renovate both with a touch of contemporary style. Enhancing the appeal is its desirable parkside location, which is on the footsteps of Tunstall Park and close to North Blackburn Shopping Centre, Blackburn Station Village, schools, Blackburn Lake Sanctuary, Nunawading train station and the Eastern Freeway. Be quick to secure this hot investment or development opportunity.