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4 Cody Place,
Warrnambool 3280, Victoria

4 bedrooms
3 bathrooms
2 car spaces
Unit

Price withheld

Property details

7% Return on Investment - MUST BE SOLD

This is an opportunity very rarely seen in the Warrnambool marketplace. Two homes situated in a quiet cul-de-sac on one title, both self maintained in a highly regarded area of Warrnambool. 4 Cody Place is the ultimate way to invest in your future, with a potential rental return of $1,000 per week (approximately 7% yield) in a future growth hotspot.

The front property is your classic weatherboard home with modern interior and cosy design, with rental potential of 500-520 per week. The two bedrooms are each accompanied by their own bathroom for maximum flexibility and privacy, with a recent extension to accommodate those looking for a spacious layout while remaining low maintenance and charming.

The brand new home at the rear, constructed by reputable local builder, Doukas Constructions, is fully self sufficient and can be leased separately (including separate electricity meters), making this the perfect investment for those looking for dual income with a 450-470 pew week return. Sitting on the back deck will give you enjoyable views over green pastures and watching the sunset.

The entire property has been recently landscaped, with fencing for each property to ensure privacy and ample parking space for each. Everything has been thoughtfully designed to allow for dual occupancy.

Positioned in proximity to Warrnambool's best amenities, including Warrnambool Golf Course, Merrivale Rec Reserve and Merrivale Primary School, while still just a short drive to the CBD, this truly has it all.

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.

Due diligence checklist for home and residential property buyers.

Explore the area

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School catchments

  • Merrivale Primary School Primary Prep-6 Government 0.31km
  • Warrnambool West Primary School Primary Prep-6 Government 1.7km
  • St Pius X School Primary Prep-6 Catholic 1.8km
  • Warrnambool Primary School Primary Prep-6 Government 2.1km
  • St Joseph's School Primary Prep-6 Catholic 2.5km

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.

Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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