4 Bailey Road, Cockatoo VIC 3781

Property Details: • Type: Vacant Land

• Bedrooms: 0 • Bathrooms: 0

Description: **Please submit an email enquiry to make an enquiry on this property** Why buy a home that costs you money, when you can buy one that pays you back? This unique property combines immediate rental income with future lifestyle potential, all within easy walking distance of Cockatoo's shops, schools, and transport. Immediate income: Secure lease to a long-standing veterinary clinic returning approx. $4,000 per month ($48,000 p.a.) with fixed annual increases. Future upside: Expansive 4,114m² landholding offers potential for a tiny home or small secondary dwelling (STCA), adding another $300$400 per week in rent. Dual zoning advantages: Commercial 1 + Low Density Residential zoning, with adjoining public conservation land giving you flexibility rarely found in one property. Prime location: Set in the heart of Cockatoo, just moments to shops, cafés, schools, and transport links. Compared to a $1.6m suburban house that drains your mortgage if you live in it, this property works for you generating income today while unlocking long-term growth tomorrow.