High potential rental yield | Large block with sub-division potential STCA | Invest or occupy

This neatly upgraded brick veneer home is positioned on an enormous allotment of approximately 818M2.<br/><br/>The purchaser will benefit from the option to capitalise on a multitude of options:<br/><br/>- Enjoy a high rental income from BOTH the main dwelling as well as a separate bungalow. The combined rental return may be in the vicinity of $550 per week (please speak to the agent for more information regarding this).<br/><br/>- Enjoy living in a neatly updated home on an enormous, family friendly allotment of over 800M2. <br/><br/>- Explore the viability of sub-division in future (STCA). The property may lend to the option to sub-divide the land in future to make way for multiple dwellings. <br/><br/>The home offers:<br/><br/>- Three bedrooms, two living spaces and a family friendly bathroom<br/>- Potential to rent the home out for approximately $350 per week<br/>- Neatly modernised with an updated kitchen that boasts gas cooking, electric oven, double sink as well ample cupboard and bench space<br/>- A large, light filled living space enjoys an ambient open fireplace<br/>- A secondary living / rumpus space extends from the rear of the home<br/>- A paved and covered outdoor entertainment domain wraps the rear of the home and enjoys a vantage to the rear yard<br/>- Good sized bedrooms<br/>- A functional, family friendly bathroom offers a single vanity, bath tub and separate shower<br/>- A separate laundry and a separate toilet add to the functional appeal of the property<br/>- Neatly landscaped with low maintenance gardens<br/>- A well oriented home that captures lots of natural light<br/>- The yard is fully fenced<br/>- Ducted heating<br/>- Split system cooling<br/><br/>The bungalow offers:<br/><br/>- One bedroom, one living space and a freshly renovated bathroom<br/>- Potential to rent the bungalow out for approximately $200 per week<br/>- A new kitchenette with cupboard and bench space as well as a kitchen sink<br/>- Heating and cooling<br/><br/>The South East growth corridor is developing at a rapid pace. Longwarry continues to expand and develop as more folks capitalise on the relative affordability and the enticing lifestyle that is on offer.<br/><br/>As development and expansion continues to take place, land values are poised for significant growth in the long term. <br/><br/>This property represents an appealing opportunity to secure a solid home with a high potential rental return on a large parcel of land; all of the ingredients of a rock solid long term investment prospect.