78 Bedford Road, Ringwood, VIC, 3134, Australia

Expression Of Interest - Closing Offers by 16th April 5pm (Unless Sold Prior)
Presenting a unique chance to acquire two homes on one title – featuring GRZ1 zoning on approximately 1,005sqm of land and offering a combined rental income of $54,600 per year.
The front dwelling, a charming weatherboard home, includes a spacious lounge, 2 bedrooms, open kitchen and dining area, a front verandah, and rear car accommodation.
The rear dwelling, a newer construction, boasts 2 living spaces, open kitchen and dining, 4 bedrooms, a master bedroom with walk-in robe and ensuite, built-in robes in the other bedrooms, a covered patio, workshop, and garage.
This property provides an excellent opportunity for investors to benefit from rental returns and for developers to manage expenses while planning a new multi-unit site (subject to council approval). It also offers renovators the chance to update both homes for personal use or to potentially sell separately for a profit (subject to council approval).
Situated within the Ringwood Secondary College zone, near Eastland Shopping Centre, Ringwood Train Station, Jubilee Park, Aquanation, Eastlink, bus services, local shops, and cafes. If you seek multiple income-generating properties with promising appreciation potential, this could be the ideal investment opportunity you've been seeking.