157 McIvor Road
strathdale
VIC, 3550

This incredible property located in the tightly held McIvor Hill precinct has endless opportunity for the Savvy Investor.

Sighted on a large 807m2 corner allotment this wonderful home and separate unit offers so much in terms of rental yield and development opportunity (STCA).

With excellent street appeal off the McIvor Highway, a crossover on Beischer Street and access to plenty of land at the rear for parking this property also lends itself to the possibility to use as medical or consulting rooms (STCA).

Currently the property has not been subdivided, both tenants are separately fenced, on separate services (water and power) and combined attract a rent return of $450 per week.

House at the front = $275 per week
Unit at the rear = $175 per week

House at the front

The home facing McIvor Road features 3 bedrooms, 2 Bathrooms, a large kitchen, open plan meals and living area and a spa room. All 3 bedroom contain built in robes and are of excellent size. There is further storage in the linen press in the hall.

The main bathroom contains a shower, bath, vanity and separate toilet and gives you inside access to the spa room. The second bathroom doubles as a laundry and also contains a shower and toilet, this large space is just waiting to be fully converted to take advantage of the extra under roof space.

The large kitchen off the main living and dining area boasts a 900mm oven with Gas cooktop, dishwasher and heaps of bench space and cupboards.

Outside is a fantastic alfresco area perfect for entertaining, side gated access to the raised carport and a garden shed. Extra features include, ducted floor heating, split system air conditioner, downlights and great tenants.

Unit at the rear:
The unit which has access gated access from Beischer Street is separately fenced off and contains 1 bedroom, a combined kitchen-living area and its own bathroom.

The bathroom features a shower, vanity and toilet, whilst the kitchen living area is set with its own basin and wash-up area, electric oven and cooktop and a brand new split system air conditioner for the hot months.

Outside has its own carport and a magnificent courtyard hidden from the street.

Get in touch with Brett to arrange a private inspection.