8 and 8A Gould Street
Warracknabeal, VIC 3393

8 & 8A Gould Street, Warracknabeal presents a unique investment opportunity featuring two houses on a single title, set on a substantial 1.2 hectare (approximately 12,000 sqm) allotment. This property offers a combined rental income of $755 per week, equating to a strong yield of approximately 5.6%, making it an attractive proposition for investors seeking immediate returns.

The front residence at 8 Gould Street currently generates $450 per week in rental income, while the rear dwelling at 8A Gould Street contributes $305 per week. Both homes are presently tenanted, providing a hassle-free, set-and-forget investment with income commencing from day one.

This dual house property is notable for its size and flexibility, a combination rarely found in the market. The expansive land area offers significant potential for future enhancements, including additional shedding, property upgrades, or further development opportunities subject to council approval (STCA).

Conveniently located close to local schools, shops, and amenities, this property combines practical living with strong income potential and room for growth. The large allotment provides ample space for families or investors looking to capitalize on the dual dwelling setup and the possibilities it affords.

Overall, this property represents a solid investment with a reliable rental return, substantial land size, and versatile options for future development or improvement, making it a compelling choice for discerning buyers.