76 and 78 Arnica Crescent are lovely family homes in their own right, however combine the two properties and you have a total of approximately 1670m2 of level land in a tranquil, family friendly neighbourhood with a combined rent return of $860/week.

The possibilities for further subdivision into 4 separate lots (STCA) would potentially reap lucrative profits for savvy developers or investors wanting to land bank and cover holding costs.

A new 75 lot subdivision is in its final stages across the road and will likely create a strong precedent for land value and new builds in the area.

The two existing residences feature:

76 Arnica Crescent:
* Currently tenanted for $420/week.
* The home is comprised of 3 bedrooms, 1 bathroom and 1 car on a 679sqm block
* The property was transformed as part of a renovation less than 12 months ago and renewed in almost all respects with premium finishes throughout (down lights, porcelain tiles, 2pac kitchen and paint)
* Brand new 2pac kitchen with stone tops
* Premium 600×600 porcelain tiles throughout the home have transformed this home and allows for a very low maintenance rental
* Very large, sun filled, fenced backyard ideal for kids and pets to play

78 Arnica Crescent
* Currently tenanted for $460/week (5 bedroom homes are very south after in this area and could achieve more in rent return)
* This home is comprised of 5 bedrooms, 2 bathrooms, 2 car garage on a 992sqm block
* Several air-conditioners throughout the home for year round comfort
* Multiple recreational spaces including separate lounge and family rooms as well as a bedroom 5/rumpus for the kids

Each of these properties present as an excellent investment or family home in their own right however seizing the opportunity to purchase both properties to maximize the potential such a large parcel of land offers, this is a rare opportunity not to be missed.

Site plans and investment memoriam available request.

For further enquiry or to arrange your private viewing, please contact Dwight Colbert.

I look forward to meeting you at 76 and 78 Arnica Crescent in Bald Hills.