Three Income Streams

- Two houses on a 1,006 sqm block
- Currently set up as a dual occupancy situation
- Great neighbourhood with park across the road
- Convenient location one block from the main street and close to schools and kindergarten
- Further development possibilities

Dwelling #1: Mellancourt - a beautiful Federation-style weatherboard dwelling
• Wrap around veranda on two sides and views directly to Gloucester Memorial Park
• Beautiful stained-glass windows, some fret-work features and a new colorbond roof
• Double carport
• Currently set up as two single bedroom, fully self-contained flats
• It could be converted back into a two or three bedroom home with low maintenance yard
• It has tons of street appeal and a fabulous elevated location very handy to the shops and main street

Dwelling #2: Late 70s brick and tile 3-4 bedroom home
• Wrap around veranda with great views to the Buccan Buccans (The Bucketts Mountains)
• 3 bedrooms, the main with ensuite
• Centrally located kitchen/meals and adjoining formal dining
• 3 spacious living areas - formal lounge at the front, rumpus and family at the rear
• One of the rear living rooms could be set up as a 4th bedroom
• Single garage

The two dwellings are currently joined by the garage. Rent both or live in one and rent the other. In our opinion the current combined rental potential would be in the vicinity of $700 per week. This potential income could be higher with some renovation work.

Disclaimer: We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.