6 2 2
49 Collaery Road, Russell Vale, NSW 2517

4 Bedroom House + 2 Bedroom Villa =double The Income!

Offering endless potential and multiple income streams , this lucrative opportunity comprises a 4 bedroom house and a 2 bedroom villa - all set on a level 813m2 (approx.) block!

Positioned in a prime location in the heart of leafy Russell Vale, the residence enjoys proximity to a wide range of amenities including shops, cafes and services.

Avid golfers will appreciate the location, walking distance to the renowned Russell Vale Golf Course. Families meanwhile can look forward to being within a short stroll of Cawley Park, Russell Vale Public School and the local footy club.

Public transport options include bus links and the Bellambi Train Station. The drive to Wollongong will take you approximately 15-minutes and Sydney approximately 90-minutes.

Situated around the corner from the Princes Highway, the property boasts easy access and fantastic exposure and accessability. Two properties currently occupy the large and level allotment including a brick home at the front of the allotment and a villa perched at the rear.

Solidly built, the 4 bedroom low-set home is currently rented as a childcare facility and features an oversized lounge/dining room, spacious kitchen, laundry and is serviced by an updated family bathroom. The home overlooks the north-facing front yard creating a light and airy feel throughout.

The separate 2 bedroom villa is also sprawled across a single level and revels in a modern and practical design. Up to date finishes include a trendy kitchen, combined bathroom/laundry, open plan dining and lounge room, split system air-conditioning and private access to the backyard.

In addition to a single carport, there is a free-standing industrial sized 8.9m x 5.5m lock-up garage with an adjoining alfresco area, more than meeting your storage requirements.

This unique purchase extends wide appeal and can be adapted to meet any buyer's needs. Astute buyers seeking a profitable addition to the property portfolio will relish in double weekly returns. Multi-generational families can live comfortably on one block with space and separation to accommodate 2 families. First home buyers can live in one residence and rent out the other to help pay down the mortgage. Savvy business owners should also consider the prime position, accessibility and extra storage this property affords.