Parkside Family Home With Superb Investment Potential

An exceptional opportunity exists for investors and families alike - this single-level residence, currently converted into two separate properties, promises outstanding potential and boundless possibilities in a family-oriented parkside address. Perfect for multi-generational living, it offers buyers the option to move into the rear one-bedroom property and receive extra passive income from the main residence, or reconfigure the original family home to suit their needs. High ceilings, skylights, and polished timber floorboards define both spacious living areas, while chefs will adore the sleek stone kitchens with premium gas appliances. A north-east facing, sun-washed backyard, entertainers' courtyard, and two off-street parking spaces complete the package. With a strong combined rental return of approximately $112,000 per annum, this is a rare and lucrative investment opportunity. Perfectly positioned within footsteps of Jellicoe and Mutch Parks, local shops and cafés, and just moments to Westfield Eastgardens, quality schools, and beautiful beaches.

- Currently two separate residences on one title
- Rear property features one bedroom, one bathroom
- Main home with three bedroom and one bathroom
- Reside in one/receive passive income from other
- NE facing sunlit backyard, covered courtyard
- Both with spacious layouts, combined living/dining
- Sleek stone kitchens, quality gas appliances
- Well-sized bedrooms, three with built-in robes
- Polished timber floors high ceilings, skylights
- R/C air conditioning, combustion fireplace
- Two off-street parking, enclosed front garden
- Storage shed/workshop, two internal laundries
- Footsteps to Jellicoe Park, Pagewood shops, cafés
- Daceyville Public & South Sydney High catchment
- Easy access to Westfield Eastgardens, beaches

Explore the area

School catchments

South Sydney High School Secondary 7-12 Government 0.80km
Corpus Christi College Maroubra Secondary 7-12 Catholic 0.83km
Mount Sinai College Primary K-6 Independent 0.91km
Hartford College Combined 5-9 Independent 0.99km
St Michael's Catholic Primary School Primary K-6 Catholic 1.0km
Daceyville Public School Primary K-6 Government 1.1km
Lycee Condorcet The International French School Of Sydney Combined K-12 Independent 1.1km
Maroubra Junction Public School Primary K-6 Government 1.1km
St Aidan's Catholic Primary School Primary K-6 Catholic 1.3km
Pagewood Public School Primary K-6 Government 1.3km
St Spyridon College, Junior School Campus Primary Independent 1.6km
Matraville Public School Primary K-6 Government 1.8km
Eastlakes Public School Primary K-6 Government 1.8km
Rainbow Street Public School Primary K-6 Government 1.8km
Randwick Boys High School Secondary Government 1.9km
Randwick High School Secondary 7-12 Government 2.0km
Randwick Girls High School Secondary Government 2.2km
Sacred Heart Catholic Primary School Matraville Primary K-6 Catholic 2.2km
St Spyridon College Combined K-12 Independent 2.3km
Maroubra Bay Public School Primary K-6 Government 2.4km
Brigidine College Randwick Secondary 7-12 Catholic 2.7km
J J Cahill Memorial High School Secondary 7-12 Government 2.8km
Our Lady of the Sacred Heart College Secondary 7-12 Catholic 3.1km
Marcellin College Secondary 7-12 Catholic 3.1km
Matraville Sports High School Secondary 7-12 Government 3.2km
Emanuel School Combined K-12 Independent 3.9km
St Catherine's School Combined K-12 Independent 4.5km

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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