1-2/187 Church Street, Manifold Heights VIC 3218

In a blue-chip Manifold Heights location, this unique dual-unit residence offers strong holding income with the opportunity to renovate, update or flip for future rewards.

Set over two levels with private entries, the property is currently leased to long-term tenants with a combined rental of approx. $730 per week. But the real value lies in its scope for transformation - ideal for buyers seeking a project with upside in a tightly held area.

Ground Floor - Unit 1:
• Two generous bedrooms, master with built-in robe
• Open-plan living and dining with plenty of natural light
• Galley-style kitchen with dishwasher and electric cooking
• Bright bathroom, separate laundry
• Gas heating and split system air conditioning
• Lock-up carport plus additional off-street parking
• Updated carpet in 2021
• Rented at $360/week

Top Floor - Unit 2:
• Two spacious bedrooms with built-in robes
• Two living zones with elevated outlook
• Kitchen with gas/electric cooking and dishwasher
• Separate toilet, oversized shower
• Split system heating/cooling, ceiling fan
• Updated carpet in 2021
• Rented at $370/week

The Opportunity:
• A solid project for renovators, flippers or builders ready to take on a transformation
• Tightly held, high-demand location with strong capital growth
• Internal staircase can be reinstated to convert to a single-family residence
• Close to Shannon Avenue shopping, schools, parks, and Ring Road access

With generous proportions and flexible layout, this is the perfect chance to create something special - whether you renovate and retain, reconfigure, or flip for profit.