59 Billson Street
Wonthaggi, VIC 3995

Overview

The Perfect Family Home or Savvy Investment!

Welcome to 59 Billson Street, presenting a wonderful opportunity for both owner-occupiers and investors alike. This spacious residence features three bedrooms, two bathrooms, and two living areas, all set on a generous 844 square meter block, offering ample space for comfortable family living.

Upon entering, you will find a home thoughtfully designed for both comfort and practicality. The central focus is a bright, open-plan kitchen, living, and dining area that serves as the heart of the home. This space is perfect for everyday living and entertaining guests, featuring a well-equipped all-electric kitchen complete with a dishwasher, generous counter space, and a breakfast bar. A sliding glass door leads seamlessly to a covered alfresco area, ideal for year-round indoor-outdoor entertaining.

Beyond the main living area, there is a separate second living space that provides a private retreat suitable for a media room, study, or children's play area. All three bedrooms are generously sized and include built-in robes. The master suite offers a private sanctuary with its own walk-in robe and ensuite bathroom. The main bathroom is well-appointed, featuring a separate shower, a full-size bathtub, and a separate toilet, providing a relaxing environment.

The outdoor area continues to impress with a secure and spacious backyard, offering plenty of room for children and pets to play safely. The large double garage provides secure parking, complemented by valuable side access that is perfect for storing a caravan, boat, or additional off-street parking.

The property is equipped with reverse cycle split-system air conditioning units in each bedroom and the main living areas, ensuring a comfortable environment throughout the year. Additionally, an energy-efficient heat pump hot water system contributes to the home's sustainability and cost-effectiveness.

Currently tenanted, the property generates a consistent rental income of $540 per week, representing a strong investment opportunity with an approximate rental yield of 4.5%, subject to the final purchase price. This makes the home highly attractive for investors seeking to expand their portfolio. Alternatively, it is an ideal residence for a growing family looking for a comfortable and functional home.

Property Features:

• Double garage with valuable side access for extra vehicles or storage
• Block size of 844 square meters
• Reverse cycle split-system air conditioners in all bedrooms and living areas
• Energy-efficient heat pump hot water system
• All-electric kitchen appliances including a dishwasher
• Covered alfresco area and secure backyard for outdoor living
• Currently tenanted with a consistent rental income providing a strong yield

This versatile property is located in a sought-after area where large blocks are becoming increasingly rare, making it a highly desirable commodity in the current market. Do not miss the chance to secure this excellent home or investment. Arrange an inspection today to explore all that this property has to offer.

Location