239 Forest Road
Arncliffe, NSW 2205

Overview

Unique 4 Bedroom Home With $95K+ pa Rental Income

Offering a truly unique opportunity for both investors and homebuyers, this rare dual-purpose property combines a charming Federation-style residence with a separate mechanic's workshop positioned at the rear of the property on its own street frontage.

Set behind a charming façade, the home reveals bright and airy interiors with generous proportions throughout, while the spacious alfresco area and backyard create the perfect setting for relaxed family living and entertaining. Ideally positioned just a short walk to Banksia Train Station and local bus services for easy commuting, the home is also moments to Gardiner Park, Rockdale Plaza shopping centre, cafés and everyday amenities.

A rare offering that blends character with flexibility, this property presents an outstanding opportunity for investors seeking a dual income opportunity, or those searching for a home with versatile potential.

The property also features a separate mechanic's workshop currently secured on a 5 + 5 year commercial lease, generating $52,800 per annum in rental income. The workshop enjoys its own street frontage and separate address (270 Wollongong Road, Arncliffe), ensuring complete separation from the main residence. Combined rental income from both the residence and workshop exceeds $95,000 per annum, presenting a compelling opportunity for investors seeking strong returns.

The highlights include:
• Over $95,000 per annum combined rental income opportunity from the workshop and 4 bedroom home.
• Four generously sized double bedrooms, including two with elegant fireplaces, high ceilings and large windows providing abundant natural light.
• Beautiful period features throughout, including stained glass window detailing and ornate ceilings that enhance the home's classic Federation charm.
• Spacious living areas designed for comfortable family living, flowing seamlessly to the outdoor entertaining area.
• Oversized and well-maintained kitchen featuring ample bench and cupboard space, stainless steel appliances, double sink and a large pantry for additional storage.
• Covered alfresco area ideal for year-round entertaining, overlooking a grassed backyard with plenty of space for children to play.
• Original bathroom complete with separate bath and shower, offering a functional layout with scope to renovate and add value.
• External laundry and additional toilet conveniently located just off the alfresco area.
• Two off-street car spaces providing everyday parking.
• Separate and substantial mechanic workshop positioned at the rear of the property with its own street frontage at 270 Wollongong Road, Arncliffe, offering excellent exposure and flexibility for business use, investment opportunities or multiple alternative uses (STCA).
• The home is currently vacant, welcoming a family to move in immediately or the opportunity to lease the home to maximise rental income.
• Workshop amenities include dedicated storage space, a small kitchen and separate bathroom facilities.
• Easy access to Sydney Airport, major transport routes and Sydney CBD, making it a highly convenient location for both lifestyle and business purposes.

Auction: Monday 13th April, 6pm at Kogarah Clubhouse - Registrations from 5:30pm

Location