Very, very rarely does a property hit the market that is the ultimate Real Estate opportunity…

At 61 Ranchby Avenue, Lake Heights you have it all rolled into one! Set on 1,410 sqm (approx) of land you have R2 Zoning, a three bedroom house, two bedroom villa, 1 bedroom granny flat, double garage, plus off-street parking for 4+ vehicles. The choice is yours either move in with the big multi-generational family, secure a huge investment income stream or knock down and develop on the huge parcel of land (S.T.C.A.).

The Three Bedroom House features:

- Immaculate three-bedroom house with spacious formal living.
- Master suite with beautiful ensuite and built-in-wardrobes.
- Renovated kitchen and large dining room.
- Immaculately renovated master bathroom.
- Huge sunroom capturing water vistas.
- Split system air-conditioning, fireplace, solar panels, and double garage with workshop space.
- The current rental assessment for the house is $570 p/w.

The Two Bedroom Villa Features:

- Freestanding Villa style residence.
- Two bedrooms both with built-in-wardrobes.
- Open plan living combining living and dining areas.
- Immaculate kitchen with stainless steel appliances and dishwasher.
- Self-contained laundry with second toilet.
- Perfect for mature family members.
- Private courtyard and dual balconies.
- Currently returning $370 p/w.
- Updated Rental Assessment is $460 p/w.

The ‘Granny Flat’ Features:

- Open plan living incorporating kitchenette.
- Ensuite style bathroom with shower and toilet.
- Split system air-conditioning, private access ideal for independent family.
- Currently returning $270 p/w. + $100 p/q. for utilities.
- Updated rental appraisal at $360 p/w.

The Land Features:

- R2 Zoning.
- 1,410 sqm (approx) of land.
- Dimensions 15.24/14.68m x 98.32/95.79m.

Given the HUGE opportunity and scale of this property, we will be conducting private inspections with qualified buyers only. To register for your private inspection, contact Ben Frawley directly on 0425 329 700 today.