In Room Auction - Wednesday 4th of December at 6:00pm Fiction Bar & Restaurant
Nestled in a premium location of Ormiston on the corner of Gordon Street and intersecting Charlotte Street, this rare duplex opportunity awaits discerning investors or homeowners looking to maximise potential in a coveted area. With reliable long-term tenants, this property offers substantial growth opportunities.
Unit 1 is currently rented at $315/week until October 2025 and Unit 2 is rented at $315/week until November 2025, however this duplex offers significant potential for upgrades that could dramatically increase rental returns once the current leases expire. There's also the opportunity to build a two-story home and capitalise on the stunning water views or the versatile layout and premium location make it ideal for those seeking to establish a business from home.
This property’s unbeatable location ensures easy access to essential amenities and recreational facilities. It’s just a short stroll to the local bus stop and train station, while the popular Raby Esplanade Park with its family-friendly playground lies just down the road. Nearby, you’ll find a range of excellent schools including Ormiston State School, Ormiston College, and Cleveland District State High School. Cleveland Central and Raby Bay Harbour, only five minutes away by car, provide a diverse selection of retail and dining options, and a boat ramp within a quick four-minute walk makes water adventures easily accessible.
* This property is being sold at auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Call to inspect with Josh Sherwood & Maddy Sloan