12 Ardlui Drive

Set in an idyllic riverside pocket of Newtown, this unique property offers great investment options, or an opportunity for large or close knit extended family to cohabit in this leafy area. Work from home in style and relax with easy access to Barwon River walks or bike path rides to local eateries.

The main property comprises a character filled, 3 bedroom and study PLUS 2 self-contained, 2-bedroom units. Allotment of 883m2 with dual frontages; the home is accessed via Ardlui Drive and the units via Ballater Ave. Total rent return for three dwellings is currently $49,000

MAIN RESIDENCE

The main home offers a warm and charming residence, with the indoors enjoying enviable garden and district views which invite you to enjoy the idyllic area.

The lounge is light-filled, yet cosy with built-in gas fire. French Provincial-style kitchen cabinetry offers fabulous storage, stainless steel appliances including; a 900mm electric cooker with gas cook top, dishwasher and range hood. A sunny west facing balcony flows from the meals area, and offers magnificent views of the river and surrounding area. Master bedroom offers a walk-in robe and ensuite shower room. A further two bright and airy bedrooms have built-in robes and the study could alternatively be used as a nursery/4th small bedroom. The main bathroom offers high-end comfort with porcelain tiles, bath and shower. The separate laundry and toilet complete the floor plan. A split system heat/cool services the dining and kitchen area. For those who are working from home the use of the study or one of the two units would make a great private and separate office.

A tandem garage with massive workshop and storeroom is tucked neatly under the house, offering the option to further enhance the size of the dwelling by renovating. Rent return $26,000 pa

UNITS

The 2 bedroom/1 bath brick units, which are currently tenanted, feature open living/kitchen space with off street parking bay. Rent return (27 Ballater) $12,000 pa and (29 Ballater) $10,950 pa

There are multiple viable investment scenarios here; collect rent from all 3 dwellings, sub-divide the home and units (STCA) and sell individually, occupy the home and lease the units, or redevelop the site utilising both street frontages (STCA).

Walking distance to local primary school and bus route conveniently near-by. This diverse property is particularly rare and presents as a great opportunity to capitalise in the sought-after Newtown market.

For more information on this property text '12 Ardlui' to 0488 882 220

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Set in an idyllic riverside pocket of Newtown, this unique property offers great investment options, or an opportunity for large or close knit extended family to cohabit in this leafy area. Work from home in style and relax with easy access to Barwon River walks or bike path rides to local eateries.

The main property comprises a character filled, 3 bedroom and study PLUS 2 self-contained, 2-bedroom units. Allotment of 883m2 with dual frontages; the home is accessed via Ardlui Drive and the