2 Heinz Street, White Hills VIC 3550

Situated in the convenient and sought-after locale of White Hills, 2 Heinz Street is a unique offering that combines flexibility with solid investment potential. Set on a generous 690 square meter block, the property features a main cream brick house with three bedrooms, a bathroom, and a two-car shed, maintaining a classic charm and functional living spaces ideal for families.

Enhancing the property's appeal is a separate self-contained one-bedroom unit at the rear, also constructed in cream brick. Uniquely, both the main house and the unit have independent water, gas, and electrical meters, ensuring genuine separation and autonomy between the residences. This configuration allows multiple uses — from multi-generational living to rental income or a dedicated work-from-home setup.

Investment-wise, the two dwellings present a strong combined rental yield, with the main house estimated to command between $470 and $480 per week and the one-bedroom unit between $300 and $320. The unit is currently occupied by a long-term tenant with a flexible periodic lease, enabling a seamless transition should vacant possession be desired.

This property will likely appeal to investors seeking solid returns, families needing adaptable living arrangements, or professionals and business owners who benefit from a separate office or accommodation space. The location itself adds further attraction, positioned near the Bendigo Botanic Gardens, local amenities, Bendigo Racecourse, and the Bendigo Creek Trail, while remaining approximately 4 kilometers from Bendigo's CBD.

With an upcoming auction scheduled, this property represents a versatile opportunity combining lifestyle, location, and investment merits.