959 Burwood Highway Ferntree Gully 3156 VIC
2 HOMES UNDER ONE TITLE ON AROUND 950SQM
The term unique is often over used in real estate circles, but there simply is no more apt word to describe this property on a corner block amassing around 950sqm with 2 homes under one title. As it stands, investors, extended families or even those with home based businesses would find this both intriguing and appealing for their own reasons and on top of that developers might look at the site as one primed for complete redevelopment (STCA). The main home features a generous lounge room with polished floors, an adjoining dining area and a neat kitchen with freestanding stainless-steel oven/stove. There are 3 robed bedrooms plus a study that could double as a 4th bedroom as well as a dual entry bathroom and separate toilet. Ducted heating is also included and outside there's a very private front courtyard and a single carport. The second home requires some foundation work at the back but is otherwise in great condition with a huge lounge/dining room, pristine kitchen, 3 bedrooms and 2 bathrooms including a full ensuite in the main bedroom. Outside it boasts a double carport and a big backyard with a covered patio and shady trees for added privacy. And it's also in a handy position right near Mountain Gate Shopping Centre and buses with Ferntree Gully Village, trains, schools and Knox City all just minutes away. Expected rental income for 959 Burwood Highway, Ferntree Gully $360 - $375 per week and 959a Burwood Highway, Ferntree Gully $390 - $410 per week. Totalling $785 per week in rental income.
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Real Estate For Sale in Ferntree Gully, VIC 3156 priced between $530,000 and $980,000