Dual Income Investment - 1300 sq.m Block!

Investor - Developer Alert. What a rare opportunity to purchase a dual income investment property. Both properties are currently leased with a combined return of $595 p/w = $30,940 p/a. With a long term rental history and a booming rental market, this opportunity is not to be missed.
A large 1360sq.m. allotment with 2 street frontages is ideal for future subdivision or development.. This is a great opportunity for investor, developer or owner occupier wanting a home plus additional accommodation for family guests or rental returns.
Centrally located only a few blocks to the CBD and elevated with views of Alexandra oval precinct. The property is set up with a 3 bedroom + 1 bathroom house & an attached 2 bedroom + 1 bathroom unit, both are leased out separately and have seperate power & water meters.
The front home is spacious and offers 3 good sized bedrooms, modernized kitchen which has loads of storage, electric cooking and dishwasher, neat bathroom, central heating and private courtyard.
The rear unit is also a good size and has access from the side entertaining deck, renovated kitchen offering great storage, dishwasher and electric cooking and modern bathroom with a separate toilet. A spacious lounge with French doors, 2 bedrooms and modern colors, tones and window coverings through-out.
A versatile property with plenty of scope to improve the current dwellings and to develop the rear.

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.

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School catchments

Ararat West Primary School Primary Prep-6 Government 0.41km
Ararat Secondary College Secondary 7-12 Government 0.85km
Marian College Secondary 7-12 Catholic 1.3km
Ararat Primary School Primary Prep-6 Government 1.3km
Ararat North Primary School Primary Prep-6 Government 1.4km
St Mary's School Primary Prep-6 Catholic 1.5km
Ararat Secondary College-School Farm Campus Secondary Government 2.4km
Moyston Primary School Primary Prep-6 Government 14.2km
Great Western Primary School Primary Prep-6 Government 15.9km
Maroona Primary School Primary Prep-6 Government 18.1km
Buangor Primary School Primary Prep-6 Government 24.0km
Stawell Secondary College Secondary 7-12 Government 26.9km
Concongella Primary School Primary Prep-6 Government 27.1km
St Patrick's School Primary Prep-6 Catholic 27.3km
Stawell West Primary School Primary Prep-6 Government 27.3km
Stawell Primary School Primary Prep-6 Government 28.2km
Pomonal Primary School Primary Prep-6 Government 29.6km
Willaura Primary School Primary Prep-5 Government 33.8km
Landsborough Primary School Primary Prep-6 Government 35.6km
Beaufort Secondary College Secondary 7-12 Government 44.1km
Lake Bolac College Combined Prep-12 Government 49.7km
Brauer Secondary College-Dunkeld Annexe Secondary Government 64.6km
Maryborough Education Centre-Beckworth Campus Combined Government 75.4km
Maryborough Education Centre Combined Prep-12 Government 75.4km
Highview College Secondary 7-12 Independent 76.2km
Derrinallum P-12 College Combined Prep-12 Government 77.8km
St Arnaud Secondary College Secondary 7-12 Government 79.9km
Murtoa College Combined Prep-12 Government 83.1km
Yuille Park Community College-Young Parents Campus Combined Government 83.7km
Yuille Park Community College Combined Prep-12 Government 83.8km

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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