127 & 127a Wilson Street
Horsham, VIC 3400

Overview

Versatile property with residential / commercial tenancies.

Located on the edge of the Horsham CBD, this well-maintained property presents multiple opportunities for discerning buyers seeking a centrally located home with an attached income stream or investors looking for a value-packed investment property with dual returns and excellent ROI. Conveniently situated within minutes from the Horsham Plaza, Target complex, Woolworths Supermarket, and other amenities, the residence is currently leased until early February 2027, generating a return of $20,280 per annum. Additionally, the separate shop fronting Wilson Street returns $15,600, resulting in a total gross return of $35,880 per annum.

Set on a single title and occupying a 613m2 allotment with frontage to Wilson Street and a rear 'right of carriageway' entrance off Gardenia Street, this versatile property comprises a functionally designed brick veneer home built in the late 1990s. The home features four bedrooms, including an ensuite and walk-in robe in the master, two additional bedrooms with built-in robes, and a fourth bedroom that can serve as an office. The open-plan living area combines a spacious lounge, dining, and kitchen, complete with ample bench space, cabinets, and a pantry. The family bathroom and laundry are also included, along with a 5m x 6.5m (approx) lock-up garage and additional parking for four vehicles or a caravan at the rear.

The independent two-roomed brick shop is equipped with all necessary amenities and boasts high-profile frontage to Wilson Street, along with a single off-street car park. This shop is currently tenanted by a long-term tenant, providing a second income stream to this outstanding property.

This property is ideal for those looking to invest in a prime location with the potential for both residential and commercial use, making it a rare find in the market.

Location