51 Dempsey Street, Wycheproof VIC 3527

Property Details: • Type: Acreage / Semi-rural

• Bedrooms: 3 • Bathrooms: 2

Description: Ideally positioned within walking distance to the main street, this professionally renovated property offers outstanding flexibility for investors, retirees or owner-occupiers seeking additional income. The main residence is an updated two-bedroom vinyl-clad home featuring a renovated kitchen with polished floorboards and butler's pantry, and a comfortable lounge with reverse cycle heating and cooling air conditioning and an electric fan-forced fireplace heater. The main bedroom includes a mirrored built-in robe, while the home is serviced by a new, fully renovated bathroom with shower, vanity and toilet. The home has ducted evaporative cooling, quality blinds and fixtures, good floor coverings, rear porch and front verandah. There is also a single garage/workshop. At the rear of the property, with its own separate access and fencing, sits a new, custom-designed tiny home on a transportable galvanised frame. Fully self-contained, plumbed and wired with own meter, it includes a kitchen, bedroom, bathroom and toilet, and is furnished with a bed, TV, fridge, reverse cycle air conditioning and hot water service. Enjoy the sunsets from the timber decked patio. There is also a galvanised iron storage shed and laundry. This home is rent ready or ideal for a relative. Investment details - Main home rental appraisal: $350 per week Tiny home rental appraisal: $250 per week Combined potential income: $600 per week ($31,200 per annum) Approx. 6% return Low maintenance investment with easy-care yards Set in a welcoming community with excellent amenities including shopping, a well-regarded P-12 school, hospital, chemist, hotels, motel, butcher, IGA and hardware store - all within walking distance or easy reach. A quality asset with multiple income streams and lifestyle appeal - move in, rent out, or both.