12 & 12A Hearthside Court, RINGWOOD

Two residences, one title and 807sqm (approx.) of land; this remarkably rare property is an incredible dual living or investment opportunity.

Under the same roofline, yet featuring their own separate entrances and utility metres, this dual-residence property is ideally suited for individuals seeking accommodation for parents or in-laws who wish to live in close proximity, families with older children looking to save for independent living, or owner-occupiers/investors aiming to maximise rental income potential from one or both of the residences.

The main house is rented on a periodical lease to a long term tenant with the Self Contained Unit is rented on a Fixed Term Lease until 15th December 2023 with the overall rental return currently circa $32,808 Per Annum. There is scope to increase the market rent of the property with current conditions subject to process & consents. The property is offered with either option of receipt of rents & profits or Vacant Possession.

The top floor residence boasts sweeping Mount Dandenong Ranges views from its front patio and lounge/dining room, a central kitchen with electric cooking, three robed bedrooms, an open study, one bathroom, ducted heating, generous storage, a covered breakfast deck, big backyard and a double garage
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The ground floor residence has a lounge room, kitchen with meals area and electric cooking, one robed bedroom, one bathroom and a split system heater/air conditioner.

Bragging a no-through road position that is moments from all the action of Ringwood, this unique property's allure is matched by the outstanding convenience it offers. It is located within walking distance to bus stops, strip shops, Schwerkolt Cottage Reserve, Deep Creek Road Playground, the Mullum Mullum Creek and EastLink trails, Pinemont Preschool and Ringwood Heights Primary School. Only a short commute to secondary schools including Norwood, Luther and Yarra Valley Grammar, EastLink, Eastland Shopping Centre, Town Square, Realm, Costco and Ringwood Train Station.

Secure this property today and start collecting the rent, or move in, add your own personal touches and tailor it to suit your family's requirements.