67 Barron Street
Tarneit, VIC 3029

Overview

67 Barron Street, Tarneit VIC 3029

Set in a park-facing position, this property presents a unique opportunity with two fully self-contained dwellings on a single title, offering excellent dual-income potential. This setup is ideal for investors or buyers seeking to offset mortgage costs by living in one dwelling while renting out the other.

The property features a spacious 3-bedroom front residence complemented by a separate, self-contained studio approximately 5.5 by 6.4 meters in size. Each dwelling has its own private access, kitchen, and bathroom, providing flexibility for various living arrangements. Whether leasing both units for maximum rental income or occupying one while generating income from the other, this property offers versatile options to suit different needs.

The combined estimated rental return is approximately $710 per week, which translates to a strong yield of 6.17% based on a purchase price of $600,000, subject to market conditions.

The main residence has been recently updated and designed for low-maintenance living. It includes a tiled open-plan kitchen, living, and dining area, a European laundry, a powder room downstairs, and a full bathroom upstairs. The bedrooms are equipped with built-in robes, and a private balcony adds to the appeal and comfort of the home.

The self-contained studio is modern and well-maintained, offering a practical second income stream or a private space suitable for extended family members.

Additional features of the property include heating and cooling systems, a neat backyard, and a rear double garage, enhancing convenience and comfort.

Located centrally in Tarneit, the property is close to key amenities such as Tarneit Central Shopping Centre, Tarneit P–9 College, Baden Powell P–9 College, Tarneit Station, Bunnings Tarneit, and various other schools and local facilities.

This flexible property represents a valuable investment opportunity with clear income potential in a high-demand growth area, making it an attractive option for a range of buyers.

Location