Rare Investment Opportunity

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Set back from the road in a quiet and leafy Mount Pleasant pocket, this double brick residence offers a rare yet versatile opportunity. Constructed of double brick, this home is currently set up as a duplex providing you with options to receive a double return on your investment or accommodate the large or intergenerational family!

PROPERTY HIGHLIGHTS:

Investment Potential: The property is currently set out as two separate 2 bedroom, 1 bathroom apartments with a common entryway. Your options here are endless! Utilise the entire house in comfort and style. Live in one and rent out the other to help pay down the mortgage. Or rent out both for double the reward!

Beautiful Views: Hidden away in a battle-axe block, the home exudes a private and peaceful ambience surrounded by mature trees and landscaped gardens. The calming blue ocean waters can be observed from the top floor, further enhancing the tranquil atmosphere.

Updated Kitchens & Bathrooms: All the hard work has been done for you with both apartments showcasing renovated kitchens and updated bathrooms. The property is ready to move in or rent out in an instant!

Modern Amenities: Each apartment comes with a range of value-adding features, including air conditioning, an internal laundry, NBN readiness, and off-street parking. Plus, the inclusion of a solar electric system helps lower daily running costs.

Large Block: Spanning a generous 1,239m2 (approx) allotment, the property offers further potential to knock down and rebuild, renovate, extend or add a pool. You are only limited by your imagination as to what can be achieved here.

Rental Return: This fantastic investment opportunity offers a combined rental return of $965 per week, with Unit 1 leased at $475 per week and Unit 2 at $490 per week. A great dual-income asset in a sought-after location!

LOCATION AND LIFESTYLE:

Mount Pleasant is a sought after suburb nestled between the breathtaking hills of the escarpment and world-class beaches. From your new home, it's just a short drive to Towradgi Beach and Rock Pool allowing you to make the most of a relaxed beach lifestyle or explore the kilometres of walking trails that meander through the hilltops.

Easily accessible to the M1, modern amenities are also close by with the home located within a casual stroll to shops and cafes at Balgownie Village and a 10-minute (approx) drive to the Wollongong CBD, home to a thriving food, retail and entertainment precinct.

The area is family-friendly and lies on the doorstep of acres of parklands and sporting fields. The University of Wollongong is within driving distance and the home is within the catchment of Pleasant Heights Public School and Keira High School meeting the educational needs of both the big and little kids!

**Disclaimer***
The property photos and descriptions are provided for general information purposes only. While care has been taken to ensure their accuracy, variations may exist. Prospective buyers are encouraged to conduct their own inspections and seek independent advice to confirm all details.