1 & 2/74 Westacott Crescent, Baranduda VIC 3691

AUD 1,100,000
For Sale

Property Details

Bedrooms

5

Bathrooms

3

Property Type

Duplex

Description

Property Details: • Type: Duplex

• Bedrooms: 5 • Bathrooms: 3

Description: An outstanding opportunity for investors seeking secure, dual-income returns from a low-maintenance asset, this modern dual-occupancy property is offered on one title, with each unit separately metered for electricity, gas and water. Currently generating a combined rental income of $970 per week ($50,440 per annum), the property delivers immediate cash flow with strong tenant demand and minimal ongoing management complexity. The property itself comprises two well-designed, self-contained units, each offering practical layouts and low-maintenance living that continues to resonate strongly with tenants. Both residences are well presented and currently leased, providing a reliable income stream from day one. Separate metering allows each tenancy to operate independently, keeping running costs streamlined and attractive from both a management and yield perspective. Importantly, the property also offers future flexibility, with subdivision potential available (STCA). While the subdivision has not been completed and will not be undertaken prior to sale, it presents a genuine long-term value-add opportunity for investors looking to unlock further upside beyond the strong existing returns. Well suited to SMSF buyers, portfolio builders, or investors upgrading into a higher-performing asset, this is a rare chance to secure a quality dual-income property in a tightly held rental market. Investment Snapshot Total rental income: $970 per week ($50,440 p.a.) Configuration: Dual-occupancy on one title Metering: Separately metered (each unit) Tenancies: Currently leased Future upside: Subdivision potential (STCA, not completed) Outgoings Council rates: Unit 1 $1998.50 p/a Unit 2 $2133.75 p/a Land tax: $975 Water rates: Unit 1 $132.80 p/q Unit 2 $132.80 p/q Property management (7.7%): $3,883.88 p.a. Disclaimer: While we have made every effort to ensure that information provided about the above property is accurate, it has been provided to us by the Vendor and other sources. We therefore do not accept responsibility for its accuracy and strongly advise all interested parties to obtain independent advice and make their own inquiry before proceeding.

Location

Address

1 & 2/74 Westacott Crescent, Baranduda VIC 3691

City

Baranduda

Features and Finishes

None

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