A Versatile Property Offering Both Family Living & Amazing Investment Opportunity!

Set on a generous 721sqm block, this property is being offered for sale in one line, featuring two distinct residences. Whether you're looking to create inter-generational family living or seeking a prime home for income investment, this property ticks all the boxes. Held by the same family for 44 years, the front residence is an original double-fronted Federation home, while the rear offers a contemporary, dual-level four-bedroom family home. With an estimated rental return of $166,400pa and total outgoings of $5,085.72pa, this is a prime investment with strong financial returns. The combined properties offer remarkable potential, all within walking distance to top amenities and transport links. This property presents an exceptional opportunity to capitalise on a premier location, with the flexibility of two separate dwellings offering both income potential and future growth.

- Estimated rental return $166,400pa & total outgoings $5,085.72pa
- Two separate residences, sold-in-one-line for maximum flexibility
- 31 - Classic Federation home with 3 bedrooms, ornate ceilings, period features
- Original bathroom, internal laundry, updated gas kitchen with storage
- Formal and informal living areas, enclosed front and rear yards
- 31A - Modern 4-bedroom family home with open-plan living spaces
- Wraparound deck with custom seating, perfect for entertaining guests
- Granite kitchen with Smeg appliances, breakfast bar, and dishwasher
- Upper-level bedrooms with built-in robes, main suite with walk-in robe
- Main bathroom, understair storage, internal laundry, guest WC
- Landscaped gardens, level lawn, rainwater tank for added sustainability
- Live in one residence, rent the other for excellent investment returns
- 250m to Snape Park, French School & Maroubra Synagogue
- 1km to light rail, Pacific Square, and a vibrant range of eateries
- Close to UNSW, airport, eastern beaches, and the CBD area

Explore the area

School catchments

Lycee Condorcet The International French School Of Sydney Combined K-12 Independent 0.26km
Mount Sinai College Primary K-6 Independent 0.27km
Maroubra Junction Public School Primary K-6 Government 0.57km
Daceyville Public School Primary K-6 Government 0.83km
Rainbow Street Public School Primary K-6 Government 0.92km
Randwick Boys High School Secondary Government 0.98km
Hartford College Combined 5-9 Independent 0.99km
St Michael's Catholic Primary School Primary K-6 Catholic 1.0km
Randwick High School Secondary 7-12 Government 1.1km
St Aidan's Catholic Primary School Primary K-6 Catholic 1.1km
South Sydney High School Secondary 7-12 Government 1.3km
Randwick Girls High School Secondary Government 1.3km
St Spyridon College, Junior School Campus Primary Independent 1.4km
Corpus Christi College Maroubra Secondary 7-12 Catholic 1.7km
South Coogee Public School Primary K-6 Government 1.7km
Brigidine College Randwick Secondary 7-12 Catholic 1.7km
Claremont College Primary K-6 Independent 1.8km
Coogee Public School Primary K-6 Government 1.9km
Our Lady of the Sacred Heart Catholic Primary School Primary K-6 Catholic 2.0km
Maroubra Bay Public School Primary K-6 Government 2.0km
St Brigid's Catholic Primary School Primary K-6 Catholic 2.1km
Marcellin College Secondary 7-12 Catholic 2.2km
St Spyridon College Combined K-12 Independent 2.6km
Our Lady of the Sacred Heart College Secondary 7-12 Catholic 2.7km
Emanuel School Combined K-12 Independent 3.0km
J J Cahill Memorial High School Secondary 7-12 Government 3.3km
St Catherine's School Combined K-12 Independent 3.6km
Matraville Sports High School Secondary 7-12 Government 3.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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