1 & 2/74 Westacott Crescent
Baranduda, VIC 3691

This exceptional property presents a rare opportunity to acquire a high-performing dual-income duplex located in the sought-after area of Baranduda. Situated on a single title, the property offers immediate cash flow, strong tenant demand, and promising future potential.

Currently generating a combined rental income of $970 per week, equating to $50,440 annually, this investment is a proven performer with secure tenancies already in place, making it an ideal set-and-forget asset from the outset.

The property comprises two self-contained residences, each separately metered for electricity, gas, and water. This feature ensures straightforward management and clear cost recovery, which is a significant advantage for investors.

Unit 1 is leased at $450 per week with a lease term until June 2026, while Unit 2 is leased at $520 per week with a lease term until August 2026. Both units feature practical layouts and low-maintenance designs that continue to attract consistent rental demand.

Baranduda's strong growth, family-friendly appeal, and proximity to schools, parks, and everyday amenities further enhance the property's attractiveness to tenants and investors alike.

The duplex is set on a generous 700 square meter allotment, providing potential for subdivision subject to council approval (STCA). This offers buyers the opportunity to unlock additional value in the future while benefiting from a strong holding income in the meantime.

Investment highlights include:

• Total rental income of $970 per week ($50,440 per annum)
• Dual-occupancy configuration on one title
• Separate metering for each unit
• Secure, long-term tenancies in place
• Subdivision potential (STCA) offering future upside

Outgoings to be confirmed include council rates, land tax, and water rates, with approximate figures provided for each unit.

This property represents a rare chance to secure a dual-income asset of this calibre, combining immediate return, long-term leases, and future flexibility. Such opportunities are tightly held and seldom come to market, making this an attractive proposition for astute investors.

Prospective buyers are encouraged to conduct their own inquiries and seek independent advice to fully appreciate the value and potential of this investment.

Additional features include two garages with remote access, secure parking, built-in robes, dishwasher, broadband connectivity, outdoor entertaining areas, ducted heating and cooling, and a fully fenced yard, all contributing to the property's appeal and tenant satisfaction.