A solid brick 5-bedroom home on 1,096 square metres in Elizabeth East with approved hammerhead development plans and dual street access. The development approval is in place, removing the primary risk for buyers looking at subdivision.
The home was tenanted at $550 per week at time of sale — a gross yield that compares well against current Elizabeth East purchase prices.
Timber floors run throughout the spacious, air-conditioned lounge. The kitchen features appliances from Belling, Bosch, and Everdure with a kitchen island. The layout includes two bathrooms and five bedrooms accommodating a large family or providing flexibility for co-living or house-sharing arrangements.
Vehicle access is via an attached two-car tandem carport with rear access to a workshop, plus dual driveways providing independent entry points. Located close to schools, shopping, and public transport. Built 1960, living area 179 square metres.