$750,000 - $800,000

5 Bed  •  2 Bath  •  4 Car

Main view of Homely other listing, 132 Kilmore Road, Heathcote VIC 3523
Second view of Homely other listing, 132 Kilmore Road, Heathcote VIC 3523
Third view of Homely other listing, 132 Kilmore Road, Heathcote VIC 3523
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132 Kilmore Road, Heathcote VIC 3523

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$750,000 - $800,000

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Other for saleNEW on Homely

Next inspection:Sat 6 Dec 2:15pm

What's around Kilmore Road

Other description

“Dual Dwelling Investment Opportunity on 3,000sqm - Potential 6% Yield”

This exceptional income-producing property offers a rare opportunity for investors, featuring two fully renovated dwellings on a single title set on a 3,000-square-metre allotment. Positioned in a peaceful pocket of Heathcote with a semi-rural outlook toward McIvor Creek, the property combines contemporary upgrades, strong rental appeal and all town services including mains water, mains sewer, electricity and NBN.

Both dwellings have undergone comprehensive refurbishment within the past six months. The works include complete internal and external repainting, polished timber floors that have been freshly refinished, new split-system air conditioners, new venetian blinds and plantation shutters, and significant electrical upgrades and rewiring. Outdoors, the property has been extensively landscaped with new fencing throughout, enhancing privacy and presenting an attractive, low-maintenance setting for tenants.

The first dwelling features two bedrooms, a renovated bathroom, a combined kitchen, dining and living area, and a separate laundry. It also includes a single carport, a double bay shed, an outdoor decking area and a generous yard with newly re-turfed lawns and revitalized gardens.
The second dwelling offers three bedrooms, a single bathroom, a study, a combined kitchen, dining and living space and a separate laundry. It is supported by a car space carport, a covered outdoor deck and a large yard that has also been completely re-landscaped and re-turfed.

This property indicate a strong return, with the first dwelling estimated at approximately $420 per week and the second at approximately $480 per week, delivering an attractive dual-income opportunity for investors.

Just minutes from Heathcote town center and presented in excellent condition, 132 Kilmore Road stands as an ideal set-and-forget investment in a thriving regional market.
Contact our team today for more information.

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Saturday
6 Dec 2:15 PM
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Fourth view of Homely other listing, 132 Kilmore Road, Heathcote VIC 3523View more
Fifth view of Homely other listing, 132 Kilmore Road, Heathcote VIC 3523View more

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132 Kilmore Road, Heathcote VIC 3523
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