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Renovate, Recreate, Redevelop!Property ID 1547937An opportunity for investors and families alike, this property has something for everyone with two rental incomes, development potential and the opportunity to recreate and renovate the main residence and transform it into a proud family home.
The main residence consists of five bedrooms that have been cleverly positioned throughout the home to add space and privacy. Complete with open plan dining and living and an enclosed balcony at the rear overlooking the garden, this property has maximised the feeling of privacy and seclusion. The two bedroom granny flat at the rear takes quality and sophistication to a new level. Only four years old and complete with luxury fixtures and fittings, this clean-cut style of living is what refined Hills living should be. Accessibility couldn't be simpler with rear street parking in Naomi Street and side access, providing plenty of quiet parking away from the main road.
Investors take note that the purchase of this property will provide an estimated $1000 rental return, one of the highest in Winston Hills! With a tenant currently in place in the granny flat, rental incomes are immediate without the hassle of searching for new tenants.
Sitting on 936 square metres and coupled with the sale of next door property 216A Windsor Road (930sqm) (this property can be viewed on all property websites by searching in Winston Hills), the potential to build 9 townhouses is a lucrative prospect. Together, the sale of 218 Windsor Road and 216A Windsor Road brings the total land size for development to 1866sqm, with the potential for 3 rental incomes prior to construction.
So rare is the opportunity to completely recreate and renovate a home to your personal requirements, this property allows you to do exactly that. With the foundation of a grand family home already in place, every aspect of the property can be altered to meet your personal expectations. Better yet, a constant income from the rental of the granny flat will contribute to the renovation costs.
Don't miss out on an opportunity to renovate, recreate and redevelop in the vibrant and exclusive Winston Hills!