286 Chalmers Street Redfern NSW 2016

Duplex zoning | four-bedroom yield | Redfern terrace | dual-income configuration This property presents a rare dual-income configuration within a single title, offering a buyer the ability to hold a Redfern terrace while generating two separate rental streams. The 174-square-metre land area is efficient for the suburb, and the existing two-apartment layout means no conversion costs or planning delays. It suits an owner-occupier who will live in one unit and let the other cover holding costs, or an investor seeking a higher-yielding terrace without strata overhead. The auction timeline is short, so pre-purchase due diligence on title and lease status is critical. The primary risk is that the property is marketed as a single house but functions as two apartments, which may limit finance options for buyers who do not intend to use both units. Confirming council classification and any compliance requirements is essential before bidding. The lack of parking reduces appeal to families, but the proximity to transport and the city offsets this for professionals. The buyer should treat this as a hold-and-lease proposition: occupy one unit, rent the other, and benefit from long-term capital growth in a tightening Redfern market.