44 Chalmers Avenue

Hampstead Canterbury

2022 m²

House

Currently for sale - view listing

Overview

Double Duplex with Development Potential

We are delighted to present a rare and versatile investment opportunity, offering two duplex properties on separate titles, complete with income streams and future development potential. Property One features a well maintained duplex comprising: • One 2 bedroom unit • One 3 bedroom unit Both units include carports. There is a garage (currently leased), plus a vacant section at the rear of both properties which provides an exciting possibility for further development or land banking. Current gross rental income: $44,720 per annum. Property Two offers a second duplex configuration, comprising: • Two 2 bedroom flats • One 1 bedroom flat Each flat benefits from its own carport, while a large shed 15.3 x 8.9 metres (approx) at the rear presents further leasing potential. Current gross rental income: $54,080 per annum. This unique offering delivers multiple income streams alongside significant upside potential. Astute buyers will recognise the value in exploring subdivision opportunities (subject to council approval) on the vacant land. Whether you’re looking to expand your portfolio or invest in a property with development prospects, this is an opportunity not to be missed.