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With interest rates coming down, now is the perfect time to secure this exceptional investment property. These 1960s double-story duplex-style units offer outstanding potential for both rental income and future development.Each unit features a good-sized kitchen/dining and comfortable lounge, three large bedrooms, two toilets and a separate bathroom and laundry with good storage. They each also come with a spacious fully fenced section with double garage. Nestled in a quiet cul-de-sac, both units are currently tenanted by long-term tenants with a weekly combined income of $820/ week, making this a solid income-generating asset with a gross return at just under 8%.There are options here - rent out both units for dual income, live in one and rent the other or open up the dividing wall and create a spacious six-bedroom family home!To increase the versatility of this property, subdivision consent has been granted to separate the units if desired.Don't miss out: this is a rare opportunity with flexibility, charm, and strong returns. We look forward to welcoming you at the open homes or call us to make an appointment to view!