Live in One, Rent the Other - or Dual Income

Looking for a smart dual investment with strong rental returns, a 5%+ rental yield at an acceptable price within the guide, and the potential to be positively geared?

Set on one convenient block, the property offers two separate residences - a three-bedroom home plus a modern two-bedroom granny flat, currently generating a combined rental income of $1,050 per week. With two established income streams and strong rental returns, the property presents an attractive opportunity for investors, with the potential to achieve a positively geared investment depending on purchase price and individual finance costs.

The main home features three bedrooms, a comfortable living area, kitchen and bathroom, air conditioning, beautiful hardwood floors and a storage shed. It also benefits from separate water and electricity meters and is currently leased for $560 per week.

The modern two-bedroom granny flat features built-in wardrobes, a contemporary kitchen and bathroom, split-system air conditioning, a skylight and floating floorboards. It is currently leased for $490 per week and also has its own separate water and electricity meters.

Combined, that's $1,050 per week in rental income, making this an appealing option for investors seeking strong returns, or for those looking to live in one residence while renting out the other to help offset the mortgage.

Conveniently positioned just moments from local schools, shops, parks and everyday amenities, both residences are well placed to maintain strong tenant appeal.
Council rates are approximately $763 per quarter.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Inspections

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School catchments

Windsor South Public School Primary K-6 Government 0.58km
Chisholm Catholic Primary School Primary K-6 Catholic 1.1km
Bede Polding College Secondary 7-12 Catholic 1.2km
Windsor Public School Primary K-6 Government 1.9km
St Matthew's Primary School Primary K-6 Catholic 1.9km
Bligh Park Public School Primary K-6 Government 2.0km
Windsor Park Public School Primary K-6 Government 2.1km
Windsor High School Secondary 7-12 Government 2.8km
Arndell Anglican College Combined K-12 Independent 4.3km
St Monica's Primary School Primary K-6 Catholic 4.9km
Richmond Public School Primary K-6 Government 5.1km
Centre of Excellence in Agricultural Education Secondary 7-12 Government 5.3km
Vineyard Public School Primary K-6 Government 5.7km
Richmond High School Secondary 7-12 Government 5.9km
Hobartville Public School Primary K-6 Government 6.1km
Oakville Public School Primary K-6 Government 6.2km
Pitt Town Public School Primary K-6 Government 6.8km
Londonderry Public School Primary K-6 Government 6.8km
Australian Christian College - Marsden Park Combined K-12 Independent 6.9km
Hawkesbury High School Secondary 7-12 Government 7.1km
St Luke's Catholic College (Secondary) Secondary 7-12 Catholic 8.4km
Marsden Park Anglican College Combined K-8 Independent 8.5km
Melonba High School Secondary 7-12 Government 8.5km
Norwest Christian College Combined K-12 Independent 8.8km
Riverstone High School Secondary 7-12 Government 9.1km
Santa Sophia Catholic College (Secondary) Secondary 7-12 Catholic 9.6km
Longneck Lagoon Environmental Education Centre Combined Government 9.7km
Colo High School Secondary 7-12 Government 10.7km

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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