42 Otway Street, Portland
For Sale $690,000 - Duplex
Central Duplex with Strong Returns
For SalePositioned just a short walk from Portland’s CBD, 42 Otway Street presents an outstanding investment opportunity with strong dual-income potential. This fully renovated duplex features two spacious residences, each offering three bedrooms, one bathroom, private rear yards, separate driveways appealing to a wide range of tenants.
Both units include gas cooking, ceiling fans in the bedrooms and a large central living area fitted 1 unit fitted with split system heating and cooling for year-round comfort and the other with gas heating. Offering modern updates and functional layouts, the property is perfectly suited for long-term rental appeal. This property also includes an approved planning permit to place the units on individual titles for the smart investor looking for an added upside on their purchase.
Whether you’re looking to expand your portfolio, secure a solid dual-income asset or live in one side while leasing the other, this property offers excellent flexibility and strong returns. Currently returning $800pw combined income this property is a smart investment in a highly convenient location close to shops, schools and local amenities. Investment opportunities like this are rarely offered in such a central location. Secure a strong dual-income property with excellent return potential. Contact Allan Barrett on 0438 660 057 or the team at Seaview on 5523 3822 today to arrange your inspection or request further information.
