73 Dawson Street, Hawkesdale, Vic 3287

Investors dream

$385,000

Description

This is a rare opportunity to purchase 2 houses on one property, doubling expected rental income to 7.5% ROI. This versatile property has two 3 bedroom houses on a corner block in the heart of Hawkesdale making it ideal for many uses. It is an ideal ready to go rental property - rent both or live in one and rent the other for extra income. It is also perfect for a large or extended family or to run a business (STCA) utilising the shop frontage in Dawson St.
One of the houses faces Austin Street and has an open plan lounge, kitchen and dining area that opens onto a side patio perfect for outdoor dining and entertaining. It has 3 bedrooms, all with built in robes and a modern bathroom with a bath and seperate shower. Heating and cooling is provided by a split system air conditioner. There is also a two car carport and garden shed. Expected rental return $275- 295 p/w.
The other house faces Dawson Street and used to be the milk bar with a large shop frontage. It has 3 bedrooms, 1 bathroom, another large living/dining area, and a galley kitchen with laundry. The area at the front that used to be the milk bar is now a very large living/recreation room. Heating and cooling is provided by a split system air conditioner. Expected rental return $275 -$295 p/w.
There are 2 (approx 20,000 litre) tanks as well as bore water. Both houses have separate electricity meters, and high speed NBN fixed wireless internet.
Hawkesdale is a small town in the South West, and has a hotel, gallery, public swimming pool, P12 school, post office and cricket ground. Situated 15 minutes from Historic Koriot, 25 minutes to Port Fairy and 35 minutes to Warrnambool.

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