Versatile Accommodation or Investment Advantage in Athelstone.

Auction on 21/11 at 6pm - Unless Sold Prior

An exciting opportunity to double your rental returns, accommodate multiple generations, or explore development potential has arrived on a prime corner allotment in Athelstone. Behind beautiful rose gardens and a charming red brick façade, this double brick circa 1977 residence has been cleverly updated to deliver contemporary comforts across two separate residences. Currently housing dual tenancies, the property achieves a combined rental income of approximately $740 per week, making it an ideal choice for investors seeking immediate returns or homeowners looking for flexible living arrangements.

The versatile four-bedroom residence is comprised of an independent apartment alongside a light-filled three-bedroom homette, complete with study. The investor will love the instant dual returns of two tenancies or perhaps you inhabit one premises and lease the other to take the heat out of your mortgage. Developers might see the potential in this pristine corner allotment for one or two new dwellings (Subject to Necessary Consents), and larger families may see the benefit in keeping older parents or studying adult children close to home.

Carolyn Grove offers so much to its residents, surrounded by grand green spaces and easy shopping convenience. You've Black Hill Conservation Park to your east, Linear Park reserves and trails immediately north, and beautiful Thorndon Park Reserve to your south, there's plenty to enjoy outdoors. Send the kids to St Ignatius College and get everything you need for the week-to-week shop along Gorge Road, with Westfield TTP due north for your more extravagant shopping needs.

Features

• Charming red brick façade on prime 585sqm approx. corner allotment with exciting potential (STNC)
• Independent apartment allows for dual rental return opportunity or flexibility for multi-generational households
• Extensive family accommodation with four bedrooms
• Renovated contemporary bathrooms and kitchens
• Ducted climate control, split system AC units and ceiling fans in place
• Dedicated study
• Secure carport with roller door
• Gas hot water system

Lifestyle

• Surrounded by local green spaces including River Drive Reserve, Thorndon Park Reserve and Black Hill Conservation Park
• Close to convenient everyday shopping at Athelstone Shopping Centre and Coles Dernancourt
• Local to Athelstone School & Preschool, Charles Campbell College and St Ignatius College
• Just under 10km to the CBD

Rates

• Council $450PA
• ES Levy $161.85PA
• City of Campbelltown
• Torrens Title
• Built 1977

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