Dual occupancy with income flat | quiet elevated hills pocket | 5 bed 3 bath oversized family home | walking to schools and shops
This property presents a competitively strong offering for its oversized land parcel and dual-income configuration, which is rare in the Lesmurdie market. The fully self-contained granny flat, with a proven Airbnb history, provides a structural advantage by offering immediate rental income or multigenerational flexibility. The main residence’s premium renovations and the property’s position in a quiet, convenient locale serve a family or investor buyer seeking both lifestyle utility and financial offset.
The decision hinges on validating the building’s age and condition, as unspecified age carries latent capital risk for maintenance. The commercial logic is clear: utilize the secondary dwelling’s income to materially service the holding costs. This property should be acquired with the intent to hold long-term, leveraging its dual function to build equity through both market movement and debt reduction via rental yield.