Description
If you're looking for a promising property investment or a home project with great potential, this residential property is the perfect opportunity.
It offers versatile options for both investors, developers or homeowners who want to shape it according to their needs. This property provides significant room for growth and customization, making it an attractive option for those looking to increase their returns in the real estate market.
Property Overview
This property is subdivided into two stands, making it an attractive choice for those looking to maximize value. The main house is designed with 3 bedrooms and 2 bathrooms, one of which is en-suite for added convenience. There is potential to improve the open-plan layout that connects the kitchen, dining area, and family room, creating a spacious and comfortable living environment. There’s also a separate lounge for more private gatherings.
Investment-Friendly Features
Key features that make this property appealing for investment include:
• Subdivided stands: The potential to develop the second stand into a new structure, or sell it independently, maximizes the return on investment.
• Outside buildings: Staff quarters with a toilet offer additional space that could be repurposed or used as-is.
• Double carport: and Swimming pool:
Development Potential
What makes this property especially exciting for investors is the option to convert the current family room into a separate 3-bedroom, 2-bathroom home. This additional unit would feature its own lounge and kitchen, creating the possibility of dual rental income from the same property. This makes the property a fantastic opportunity for investors who may want to create rental income or homeowners looking for additional living space for family or guests.
Central Location
The property is located close to shops and schools, making it highly desirable for families. This central positioning increases the likelihood of attracting long-term tenants or buyers, ensuring a steady rental income or quick resale after development. With demand for well-positioned residential properties rising, this location is set to see value appreciation in the coming years.
3
1
992m2
