Auction Location: In rooms at LJ Hooker Canberra City, 182-200 City Walk.

This outstanding dual occupancy opportunity won't last so read on to discover what's on offer.

Three rental properties; two under the one roof and a third income from a separate single level dwelling. The current rental income is an astounding $1,195 per week.

The other opportunity afforded to you if you are the successful buyer is the RZ3 location, opening up lucrative opportunity down the track to redevelop the block.

The two storey home is separated very neatly into 2 tenancies, the lower level with 2 bedrooms and 1 bathroom and the upper tenancy with 3 bedrooms and 1 bathroom. The single level home is a 2 bedroom 1 bathroom with a terrific north facing living space and private courtyard.

You may decide to occupy one home and continue to enjoy cashflow from the other, whatever your motivation for inspecting this dual occupancy/development opportunity, be quick to register your interest.

The 'Hope' is to sell both properties in one lot however if you have interest in one or the other property as a stand alone proposition, please make your interest known to the team.

Property Features:

2 Storey Home;
- Divided into 2 separate rental properties, both fully self-contained
- Lower level with 2 bedrooms, a generous light living room, neat kitchen, separate laundry and good storage
- Courtyard, Single carport plus very good off street parking
- Upper level with 3 generous bedrooms, north facing living/dining room, sunny balcony, upgraded kitchen and the bathroom includes an integrated laundry
- EER 2.5

Single level home;
- Great town house alternative
- 2 bedroom, 1 bathroom
- Generous north facing living/dining space
- Very private sunny courtyard
- Single carport with large storage room to rear
- EER 2.5

Block information;
- RZ3 location
- 797m2 corner block
- UV $727,000
- Rates $4,523 pa
- Land Tax $7,403 pa (if rented)