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94 & 94A Otway Street, Portland

94 & 94A Otway Street, Portland

  • HOUSE
  • 5 bedrooms
  • 2 bathrooms
  • 2 car spaces
  • Approx 643 Square metres

Double Up Your Investment

This property is more than it seems from the front, offering a delightful three-bedroom main residence with a separate self-contained unit hidden at the rear. The flexibility of this property makes it a very appealing investment opportunity, taking advantage of a dual rental income. It is also an ideal solution for those looking for a separate residence in close proximity for extended family living. The main house is both neat and inviting and boasts a spacious layout, carpeted throughout with good kitchen storage and a single garage. The additional residence at the rear is currently tenanted at $300 per week on a fixed term lease until June 2025, providing a fantastic opportunity with a steady income stream. This tidy two-bedroom unit also includes its own backyard, ensuring privacy and a sense of space while being tucked away from the street. Only 1.2km from the town centre, with schools and kindergartens close by and the convenience of a milk bar a couple of blocks away, this property is in a great location. The main residence is currently being sourced for a tenant at $390 per week. Don't miss out on this rare chance to secure a home that offers both flexible living or a dual rental income in a desirable location.

Mortgage Calculator

$3,078

Estimated monthly repayments based on advertised price of $485000.

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