$1,000,000 to $1,100,000
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76 Coorumbung Road, Dora Creek NSW 2264

House
622
Block size: 1097 m² approx.

Unique Dual Income Opportunity on Spacious, Elevated Land

Situated on a generous 1097m2 of level, well-elevated, flood-free land, this exceptional property presents a rare chance for buyers seeking multiple streams of income and future development potential. The possibilities are endless on this expansive parcel of land.

Main Residence:
The original home stands solid and well-maintained, offering four bedrooms, a large eat-in kitchen, a formal lounge, and a spacious entertainer's deck. Its classic charm combined with modern functionality provides comfortable living for tenants or owners alike.

Newly Constructed 2-Bedroom Residence:
Nestled behind the original home is a newly constructed 2-bedroom residence designed with modern living in mind. This contemporary space features a single carport, an open lounge, dining, and kitchen area, along with two generously sized double bedrooms and a combined bathroom and laundry. Ideal for tenants seeking convenience and comfort.

Key Features:

Future Development Potential: With ample land space, there's room for future development, including the possibility of constructing another dual occupancy, ensuring long-term value appreciation.
Dual Income Streams: Enjoy the benefits of two rental incomes simultaneously, with the original home leasing for $490 per week and the newly constructed 2-bedroom residence fetching $380 per week.
Versatility: Perfect for investors looking for future development opportunities or families seeking combined living arrangements while maintaining privacy.
Location: Positioned on elevated, flood-free land, providing peace of mind and potential for capital growth.

Why Choose This Property:

Income Generation: Secure two rental incomes while capitalizing on future development potential.
Investment Security: Solidly constructed original home and modern, well-designed 2-bedroom residence ensure steady rental returns.
Flexibility: Accommodate extended family members or tenants with separate living spaces.
Location Benefits: Enjoy the convenience of a desirable location with ample space and privacy.
Whether you're an investor with an eye for future growth or a family seeking versatile living arrangements, this property offers an exceptional opportunity. Don't miss out-contact us today to learn more about this unique offering!

Features include: Air Conditioning,Built-In Wardrobes,Carpeted,Floorboards,Fully Fenced

Inspections

No open inspections scheduled.

Send an enquiry

Contact Matthew Wilson to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
6
Bathrooms:
2
Garage Spaces:
2
Property type:
House
Block Size:
1097 *

Other Details

Lot:
281
Plan Type:
DP
Plan:
1220523
Legal description:
281/1220523
Wilson Britten

Maps and area information

Block information
Block size: 1097 (approx)
Legal description: 281/1220523
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

We couldn't find any history for this property.
See Dora Creek's suburb profile

Dora Creek suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
52 years
Population
1,739
Listing ID: 182384446. This listing has been viewed 5 times. It was first displayed on 19/03/2024 and last updated on 17/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.