Call us:
1800 600 890

Turn 2 Into 3, DA In Place

Property ID: 19672395
Purchase Price $990K
Rent $850 per week (Estimated)
Yield 4.46% (Estimated)
2 Fully Detached Houses on 2 lots
DA in Place to Create a 3rd lot
Land 1454m2
2 Street Frontage

Pick up 2 fully detached houses on 2 lots with a DA in place to create an additional vacant lot of land.

House 1 has 4 Bedrooms, 2 Bathrooms, Double lock up garage, 2 Living areas and Outdoor entertaining area. This house is on an 850m2 block of land.

House 2 has 2 Bedrooms, 1 Bathroom, Large separate laundry and study area. This house is on a 604m2 block of land which backs onto the first property.

Both houses can be rented as is but would also benefit from a renovation.

Median value for 4 bedroom houses in this suburb are $580K and 2 bedroom houses average $435K. There is very little land for sale in this suburb at the moment and the newly created lot would likely sell for approximately $300K.

There is currently an undersupply of housing in the area with vacancy rates below 2%. Supply is expected to stay tight in the long term as there is limited new land available to be developed.

These houses are walking distance to;

Bus Stops,
Primary School,
High school,
Child care,
Convenience store,
Park,
Sporting clubs,
Post office,
Pharmacy,


Ocean front 2.1km
Train station 2.7km
TAFE 4km
Airport 19.5km
CBD 21km


Within a 7 minute drive your tenants will have access to Woolworths, Coles, Aldi, Foodworks & IGA, Private school, Restaurants and Cafe's.

For further details call we Find Houses on 1800 600 890.

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 1454m2

Type: Land

Investment Strategy: Sub Division

Gross Yield: 4.46%

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Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 1454m2

Type: Land

Investment Strategy: Sub Division

Gross Yield: 4.46%