11 Gowrie Road, Wauchope, NSW, 2446, Australia

Set on over 1100 square meters, on the cusp of Wauchope's thriving CBD, is an opportunity like no other.

Not one, but two homes are on offer (on the same title) with a return that may not be rivalled due to the dual rental income and potential to increase the return in the future.

The opportunities don't stop there, with a generous land size you could re-develop the rear home into multiple occupancy (subject to council approval) or two families could easily occupy both with still plenty of room to have privacy.

The front home was built in 2004 and features timber floors, open plan living and an abundance of liveable space and a light filled interior.

At the rear of this quarter acre block, is a substantial three-bedroom home with rumpus room, two bathrooms and a fresh coat of paint inside and out. This home also boasts a choice of outdoor space featuring a balcony upstairs, looking out towards the golf course, as well as a huge covered deck, facing north and opening out into the freshly landscaped yard.

With property prices increasing rapidly along the East Coast, chances are you may never have an opportunity like this again to secure a significant return with scope to increase now or in the future.