Why buy a semi- when for a little more you can have a large freestanding house on 653 m2 of land and an income stream to pay the difference. Owned by the one family for 20 years this is an ideal opportunity to make it yours.
Large Families: This unique home is large enough to cater for the largest of families. Set over multiple levels the house offers separate living areas so mum and dad can entertain upstairs whilst the kids battle on the Xbox in the large 2nd lounge room, go crazy in the oversized pool or play cricket on the private road. A large double garage with room for storage and a separate carport provides parking for 3 cars with driveway space for a 4th.
For investors: This property is a unicorn, with the potential to be cashflow positive from day 1. With two separate income streams, risks are reduced, and returns are increased.
For the future: The property is approved (no expiration period) for a make over to transform it into a modern contemporary home. With the potential to add an ultra-chic 6th bedroom, study and additional bathroom.
Location Location Location: You wont believe you are in Randwick; this green oasis is only 4 mins walk to the shopping centre. Trees abound, the kookaburras visit and the parakeets squawk. With the tram and busses within minutes walk you will not have to pick up the kids again or worry about the commute to the city.
Set on 653 m2 in a private cul-de-sac hidden from the street you will be amazed at the privacy. The house is set back from neighbours and receives a lot of natural light and enjoys views out over the Coogee basin with the ocean on the horizon.
Income stream. A fully self-contained one bedroom apartment with a separate side entrance and its own private courtyard, perfect for the in-laws, adult children or an income stream with rental potential of approx. $500 – $550 per week.
Large homes rarely come up in Randwick, this could be your opportunity to capitalise.
Features :
- Land 653 m2 in private cul-de-sac.
- 5 Bedrooms approved for 6 bedrooms
- 3 Bathrooms (with approval for 1 more)
- 2 expansive living areas.
- 1 bedroom fully self-contained apartment with private court yard and entrance.
- Pool approx. 13 m X 3.5 m
- Double garage with storage+ extra carport
- 2xStorerooms for the surfboards or other items.
- 5 min walk to Royal Randwick, Marcellin College 7 mins to Brigandine College
Phone enquiry code for this property : 0666