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Overview
One Property, Two Income Opportunities!
Nestled in the heart of Cobden on a generous allotment of 975 square meters, this unique property offers a versatile opportunity to own two separate units. This setup provides flexibility for living in one unit while renting out the other, helping to offset costs, or alternatively, it serves as an excellent addition to an investment portfolio with an estimated rental income of approximately $640 per week.
The property comprises two distinct, freestanding dwellings, each featuring three bedrooms. Both units boast flowing floor plans that maximize space and incorporate modern updates throughout. Upon entering each home, you are welcomed into a comfortable and spacious living area with pleasant views.
Each unit includes a practical kitchen equipped with electric cooking appliances and ample cupboard space, complemented by adjoining dining areas. Climate comfort is ensured with a combination of ceiling fans and gas heating in the first unit, while the second unit benefits from split-system heating and cooling.
A central hallway leads to three bedrooms in each unit, all fitted with built-in robes. The bathroom in the first unit features a shower over the bath, while the second unit includes a shower and a separate second toilet. Additional conveniences include a laundry with external access and extra storage space.
Externally, each unit offers a single vehicle carport, private yards, a patio area, and open garden storage. The peaceful location provides easy access to the amenities of Cobden, including shops, cafes, healthcare services, and sporting facilities.
This is a rare and valuable opportunity to acquire a property with dual income potential in a sought-after location. Prospective buyers are encouraged to arrange an inspection to fully appreciate the benefits and possibilities this property presents.
Change History
| Headline | When |
|---|---|
| $490,000 - $520,000 | |
| $500,000 - $520,000 |
Location
Cobden VIC 3266
Market Insights for Cobden VIC 3266
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