135 Edwards Road
Kennington VIC 3550
$950,000 - $995,000
InformationStatement of Information
Open for Inspections
FLEXIBLE INVESTMENT OPTION
Key selling points:
- Two dwellings on the 1 title
- Both dwellings are separately metered for utilities (for ease of letting separately)
- Huge 1900m2 approx allotment with plenty of space for further development (STCA)
- Easily transformed back into one single home for those wanting a substantial property in a sought after location
- 3 Car lock up garage can be used as storage
- Directly opposite LaTrobe University
4 Bedrooms & 2 Bathrooms
Currently vacant, available for inspection
3 Bedrooms & 2 Bathrooms
Currently tenanted, inspection via appointment and request only
Please refer to floor plan for context
On a generous allotment in highly sought after and centrally located Kennington, this unique property is the perfect investment opportunity. Just minutes from Kennington Village, reservoir and fantastic schools this home provides flexible living options for a growing family or investment portfolio.
Set along popular Edwards Road, directly opposite the entry to Latrobe University this almost 2000 square metre allotment is currently divided into two separate dwellings to maximise a rental return potential of approximately $900 per week. The two dwellings are separate metered for ease of letting separately.
The large allotment provides plenty of off street car parking for multiple vehicles, garage storage options or a home workshop. Surrounded by low maintenance landscaping, including stone edging, stoned driveways and retaining walls, the property is set up for low maintenance living and a 'set and forget' investment.
Upon entry to the first private dwelling, there are two large bedrooms off a separate landing. Both of these have walk in robes and one room is completed with full modern renovated ensuite bathroom, in addition there is also a large family bathroom and separate toilet that has been freshly renovated. Two additional bedrooms are off the central hallway, all rooms have large windows providing loads of natural light and fresh carpets. The hallway leads to the open plan living area and kitchen, which is equipped with plenty of storage and large glass sliding doors leading to a fenced outdoor area. Three large skylights in this room are a feature that floods the area with warmth and natural light all day.
Up a wide private driveway is car parking spaces and entry into the current second dwelling. The entrance leads through into the open plan kitchen and living area, again with plenty of built in storage options and well-appointed kitchen. Down a central hallway you will find two large bedrooms both with walk in robes, built in storage and a large renovated family bathroom. The master suite is to the right of the dwelling, also with full walk in robe and ensuite bathroom.
To the rear of the allotment is a generous parcel of cleared land which could provide someone further development opportunity, or space for your family to create dream backyard. Two large gates open up for rear access to the property, for storage of trailers and caravans.
This extensive property is truly unique, for those wanting the ideal investment, families wanting a great home full of potential or indeed anyone who recognises potential. Set up as the perfect investment, or move in ready and restore to the ideal family home, the opportunities are endless. Opportunities like this are rare and inspection is certainly a must.
Built in storage options
Further development opportunity on rear allotment
Ducted gas heating throughout
Colorbond fenced surrounding each dwelling and property edging
Fully renovated bathrooms
New vinyl flooring and carpets throughout