Raine & Horne Gladstone is pleased to present 16 Pershouse Lane, a unique property offering two separate dwellings, established rental income, additional shedding and plenty of versatility for investors or owner occupiers looking for something a little different.
Set on a fully fenced 4,047m² allotment, the property provides plenty of space while already benefiting from two separate dwellings and established rental income.
The main residence offers three bedrooms and one bathroom, with a practical layout including a separate lounge room and a large enclosed front deck providing additional usable living space. The main bedroom features a box air conditioner, while an internal laundry adds further practicality to the home. The main dwelling is currently tenanted at $320 per week on a periodic lease, with the tenancy having commenced in June 2022.
Adding another income stream to the property is a separate one-bedroom industrial donga, providing its own bedroom, kitchen, bathroom and combined dining and lounge area. A verandah incorporates the laundry area and provides additional covered space outside the dwelling. This residence is currently tenanted at $275 per week until 12 November 2026.
Together, the two existing tenancies provide a combined rental income of $595 per week, making the property particularly appealing to investors looking for multiple income streams from the one holding.
Outside, the property offers plenty of additional functionality, including an approximately 6m x 6m powered shed and a separate storage gazebo with refurbished walls. The property has also been set up for both town power and generator power, while sewerage is serviced by a septic system.
Key Property Features:
• Fully fenced 4,047m² allotment
• Two separate dwellings
• Combined current rental income of $595 per week
Main Residence:
• 3 Bedrooms
• 1 Bathroom
• Box air conditioner to main bedroom
• Separate lounge room
• Large enclosed front deck
• Internal laundry
• Currently rented at $320 per week
• Periodic tenancy
• Tenancy commenced June 2022
Second Dwelling:
• Separate one-bedroom Cabin
• 1 Bedroom
• 1 Bathroom
• Kitchen
• Combined dining and lounge area
• Verandah with laundry area
• Currently rented at $275 per week
• Lease expiry 12 November 2026
Additional Property Features:
• Approx. 6m x 6m powered shed
• Additional storage gazebo with refurbished walls
• Set up for town power and generator power
• Septic system
• Fully fenced property
• Multiple improvements and storage options throughout the property
Investment Opportunity:
With two separate dwellings already producing a combined $595 per week, 16 Pershouse Lane offers an interesting opportunity for investors seeking an established dual-income property with additional infrastructure already in place.
The combination of the three-bedroom main residence, separate one-bedroom dwelling, powered shed, additional storage and 4,047m² of fully fenced land gives the property plenty of flexibility both now and into the future.
For more information or to arrange your inspection, contact Jonty Britton on 0422 649 270 or email
[email protected] today.
