This property in Runcorn offers a rare opportunity for investment with a substantial 835 sqm lot, full council approval, and high rental income. Here are the highlights:
Property Features
835 sqm land with 14m frontage, flat and level, offering great development potential.
Fully council-approved dwellings:
Front: 2-bedroom, 1-bathroom lowset house.
Back: Dual-living 2-story dwelling (built less than 10 years ago):
Separate entry for each level.
Each level has 2 bedrooms, 1 bathroom, and a kitchen bar.
Ample parking space for 5-6 cars
Current rental income: Approx. $1,400 per week.
Potential for New Owners
Live in Part, Rent the Rest: Occupy one of the two-bedroom areas and rent out the remaining four bedrooms.
Build New, Dual Income: Live in or rent out the two-level building at the back, and potentially rebuild a new home at the front.
Hold for Future Development: Retain as a rental property; tenants are happy to stay.
Prime Location
School Catchment: Warrigal Primary and Runcorn High School, both within walking distance.
Proximity to Public Transport: Minutes from Fruitgrove train station, city buses, and motorways.
Nearby Amenities: Close to Pinelands Plaza, Warrigal Square, Market Square, medical facilities, cafes, restaurants, and local retail.
With its size, approved structures, and premium location, this property in Runcorn is positioned for growth, making it a strong addition to any investment portfolio.
Our owners will listen to all genuine offers. Be smart, don't delay your enquiry. All information contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries
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