Set across two separate freehold titles, this unique investment offering combines both sides of a duplex with an additional modern dwelling at the rear, creating a rare multi-income opportunity within walking distance of the CBD.
Together, the properties deliver three self-contained dwellings on a combined landholding of approximately 1,490m², offering flexibility for investors seeking multiple income streams, extended family accommodation, or future development potential.
At 7 Gilchrist Street, a 1940s two-bedroom duplex flat is paired with a contemporary one-bedroom dwelling completed in 2020. The original duplex remains true to its era, featuring a separate kitchen, dedicated living room, two bedrooms with wardrobes, a bathroom with bath and shower, separate WC, and the comfort of a heat pump. The kitchen retains its original cabinetry and timber flooring, while a separate laundry adds everyday practicality.
Positioned privately at the rear of the site, the modern one-bedroom dwelling introduces a more contemporary element to the investment mix. Compact and low-maintenance, it offers open-plan living that extends to decking, a sleek bathroom, built-in laundry nook, double bedroom with wardrobe, and heat pump comfort.
Next door, 9 Gilchrist Street forms the second half of the duplex on its own 728m² title. The original one-bedroom flat offers a practical layout with open-plan kitchen and living, a double bedroom, bathroom, and off-street parking, presenting immediate rental appeal with scope to add value over time.
Located less than a kilometre from the CBD and within easy reach of everyday amenities, this is a seldom-available opportunity to secure three dwellings across two titles in one strategic purchase.
Please contact Barry for more information.