Wanting Passive Income?

Property listing ID: 923068

Bedrooms
5
Bathrooms
2
Covered parks
4
Off-street parking
4
Land area
815m²
Price / method
Sold March 2026 for $900,000

5-BEDROOM GENUINE HOME & INCOME Here’s the investment opportunity you’ve been waiting for with a weekly yield of approximately $1,200! That's over $62,000 per annum and almost a 6% gross return. There's also the potential here to add another third dwelling to potentially increase your yield if you wanted to but ask the agent to tell you more about this... This exceptional 5 bedroom ‘Home & Income’ is set on 815m2 of freehold land and perfectly positioned on one of Glen Eden's most highly sought-after streets. There’s a 3-bedroom home and an adjoining two-bedroom 2nd dwelling, both comfortable, spacious, bathed in sun and move-in ready. With two independent income streams, this property is perfect for the astute investor seeking maximum yield or the ideal setup for a multi-generational family who can utilise the quiet, private flat for extended living. Key Highlights: • Pristine Main Residence: The 3-bedroom, 1-bathroom weatherboard home is immaculate, boasting a brand new kitchen and appliances, modern bathroom, new carpets and a fresh coat of paint throughout! There is also a separate laundry area and 2 heat pumps for all year-round comfort. • Sunny & Bright 2nd Dwelling: The roomy 2-bedroom, 1 bathroom 2nd dwelling exudes a really warm and light ambience. Access is from a generous deck with lovely, elevated local and city views and surrounded by plenty of trees for a peaceful, private sanctuary feel. It also comes with a separate laundry area and a heat pump. • Unbeatable Practicality: Both homes come equipped with dedicated workrooms that could be used to park a small car but also perfect for a home office, hobbies room, or storage. There is also ample off-street parking. • Centrally located: This home & income sits on a popular and well-established street, guaranteeing strong rental demand and access to the best schools including Konini Primary (access at the end of the street), Glen Eden Intermediate and Green Bay High. • Lifestyle & Location: Benefit from the best of Glen Eden living. You are just a short drive from the vibrant Glen Eden Village, local cafes and the train station. Whichever way you look at it, this property is one smart investment. Benefit from a great little earner without having to do anything or enjoy a flexible living solution in a top Glen Eden location! Call now for a viewing today!

Listed by Barfoot & Thompson , Mary Shaw (Royal Oak) , Robyn Rule (Glen Eden)