
2 properties, 1 title on 933sqm RSDT land
THE FACTS:​
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Two self-contained flats on one freehold title
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Configuration: 1 x 2-bedroom flat, 1 x 2-bedroom + office flat
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Combined rental income: $950 per week
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Both tenants on periodic tenancies
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933sqm corner site
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Zoned Residential Suburban Density Transition (RSDT)
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School zones include Cashmere High School and Somerfield School
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Freehold title
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To be sold on or before auction day
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THE FLUFF:​
Developers, investors, and land-bankers, this is the kind of opportunity that quietly builds wealth in the background.
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Positioned on a substantial 933sqm corner site in an increasingly sought-after pocket, this property delivers immediate income with long-term upside. Two rental streams on one freehold title provide strong holding income today, while the Residential Suburban Density Transition zoning opens the door to tomorrow's development potential.
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With reliable tenants who are happy to stay, you can step straight into consistent cash flow from day one. Whether you're expanding your portfolio, securing a future project site, or helping family into their first home while retaining income from the second dwelling.
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Zoned for desirable schooling and located in a proven growth area, this is smart buying with flexibility written all over it.
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Our vendors have appreciated the steady returns, but their next chapter calls. Opportunities with this combination of land size, income and zoning rarely sit still.
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Disclaimer: unit 2 photos are not current
2 Cooke Street, Somerfield
Auction Wednesday 25th March (unless sold prior)
x 4
x 2
x 4 car
