48 & 48a Wangi Road
Fassifern, NSW 2283

Overview

PERFECT DUAL INCOME INVESTMENT IN A GREAT LOCATION

This property presents a unique dual income investment opportunity, featuring two separate dwellings on a single title. The main residence is a renovated three-bedroom home that includes a spacious main bathroom, a tidy kitchen, a single garage, and a second driveway providing additional off-street parking. Additionally, there is a second toilet located in the laundry area, enhancing convenience for occupants.

Complementing the main house is a modern granny flat, constructed three years ago, which offers two bedrooms, one bathroom, and a single garage with internal access. The granny flat also features a covered patio and is fully fenced, ensuring privacy and separation from the main dwelling.

Each dwelling benefits from its own driveway leading to their respective garages and has a separate yard, providing privacy and independence for tenants or owners. The property is situated on a large corner block with three street frontages, including Wangi Road, Dora Street, and Gumnut Lane, enhancing accessibility and potential for future development or subdivision.

Location is a key advantage, with the property positioned within 600 meters of a Catholic College and the Fassifern train station, which is a main stop on the Newcastle to Sydney line. There is also convenient access to a cycleway connecting Toronto CBD and the train station at the end of the street. Public transport options are available just 200 meters away, and the property is within a one-minute drive of Blackalls Park Primary School and the Blackalls Park shopping village, making it ideal for families and commuters.

This investment is designed for ease of purchase, with established tenants and current leases in place, offering a strong return. The layout provides tenants with privacy both within the dwellings and in their respective yards, supported by the property's central location which facilitates tenant retention and attraction.

Both dwellings are well presented and maintained in good condition, ready for a new owner to take possession. Floor plans are available upon request, and further information regarding leases and returns can be provided to interested parties.

Prospective buyers are encouraged to arrange a private inspection to fully appreciate the potential and features of this dual income property.

Disclaimer: While every effort has been made to ensure the accuracy of the information provided, prospective purchasers should conduct their own inquiries to verify details and suitability.

Location