Cambridge Park.

Offering an attractive combination of established rental income, independent living and long-term investment potential, this property presents an exciting opportunity for investors seeking a dual-income asset.

Positioned on a corner block, the property comprises a three-bedroom original residence and a completely detached two-bedroom granny flat, each with its own living arrangements and separate access. With both dwellings currently tenanted, investors can enjoy an established income stream from day one.

The Original Residence

The original home offers comfortable accommodation with a blend of character and modern convenience. Featuring three bedrooms, a spacious L-shaped lounge and dining area, and high ceilings, the home provides a welcoming living environment.

Additional features include:

• Split-system air conditioning

• Polished timber flooring

• Renovated kitchen with under-bench oven

• Modern bathroom

• Separate laundry

Currently tenanted until April 2027 at $550 per week, the original residence provides a reliable existing rental income.

The Detached Two-Bedroom Granny Flat

Taking full advantage of the corner-block position, the detached granny flat enjoys its own private access, allowing occupants to come and go independently without interfering with the main residence.

Approximately 10 years old, this modern and well-maintained dwelling presents neatly throughout and features:

• Two well-appointed bedrooms

• Large veranda spanning the front of the dwelling

• Split-system air conditioning

• Its own private yard

• Independent access and separate living arrangements

Currently tenanted separately until January 2027 at $430 per week, the granny flat provides a valuable second income stream.

Key Selling Points

• Dual-income investment: Two separate dwellings generating rental income from one property.

• Combined rental return: $980 per week, equating to approximately $50,960 per annum before expenses.

• Five bedrooms in total: Three bedrooms in the original home plus two bedrooms in the detached granny flat.

• Independent accommodation: Separate access for each dwelling, enhancing privacy and tenant convenience.

• Corner-block advantage: A layout that supports the independent use of both residences.

• Established tenancies: The main home is tenanted until April 2027, with the granny flat tenanted until January 2027.

• Modern granny flat: Approximately 10 years old, air-conditioned and complemented by its own private yard and front veranda.

• Investment flexibility: An appealing proposition for investors looking to strengthen their property portfolio with two existing rental streams.

An Investment Worth Your Attention

With two independently accessed residences and a combined current rental income of $50,960 per annum, this property offers an attractive proposition for investors seeking income, flexibility and long-term potential.

A rare opportunity to secure a dual-income property where both dwellings are already tenanted, offering an appealing starting point for your next investment.

Rental figures are based on the current stated rents and are gross amounts before expenses, vacancy periods and other ownership costs.