12 & 12a Greengate Road

Welcome to 12 & 12A Greengate Road, Airds, an outstanding opportunity to secure a versatile property offering space, flexibility, and exceptional investment potential. Positioned on a big 862sqm parcel of land, this unique property comprises a spacious three-bedroom family home, a separately accessed two-bedroom granny flat, and a seperate studio with exciting potential (STCA), making it an ideal choice for investors, extended families, or owner-occupiers looking to maximise rental returns.

The main residence has been thoughtfully designed for comfortable everyday living, featuring a light-filled living room, separate dining area, a functional kitchen with ample storage, three well-proportioned bedrooms, a central bathroom, and an internal laundry. Outside, a covered entertaining patio overlooks the spacious backyard, providing the perfect setting for family gatherings or relaxing outdoors. The main residence also offers an estimated rental return of approximately $700 per week, creating an exceptional opportunity to secure a property with multiple income streams and outstanding future potential.

The property also offers a single garage and additional off-street parking.

Privately positioned, the two-bedroom granny flat enjoys its own separate entrance and offers open-plan living and dining, a well-appointed kitchen, two generous bedrooms, one bathroom, and an internal laundry. Currently tenanted for $600 per week, it provides an immediate and reliable rental income from settlement.

Further enhancing the property's appeal is a seperate studio apartment, offering an excellent opportunity for future conversion into a self-contained studio apartment (STCA). With an estimated rental potential of approximately $450 per week, it presents an exciting value-add opportunity for buyers looking to further maximise the property's income potential, subject to council approval.

Key Features:

• Big 862sqm parcel of land
• Spacious three-bedroom main residence
• Separate living and dining areas
• Functional kitchen with ample cupboard space
• Central bathroom and internal laundry
• Covered outdoor entertaining patio
• Single garage plus additional double carport
• Separate two-bedroom granny flat with private entrance
• Separated studio apartment with future conversion potential (STCA)
• Excellent opportunity for investors, multi-generational families, or buyers seeking multiple income streams
• Conveniently located close to schools, shops, parks, and public transport
• NBN Connection

For further information or to arrange a private inspection, please contact Saurabh (Robin) Kalra on 0450 679 021.