135 Edwards Rd, Kennington is a 7 bedroom, 4 bathroom Unit with 3 parking spaces. The property has a land size of 1894m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Key selling points:
- Two dwellings on the 1 title
- Both dwellings are separately metered for utilities (for ease of letting separately)
Dwelling 1:
4 Bedrooms & 2 Bathrooms
Currently vacant, available for inspection
Dwelling 2:
3 Bedrooms & 2 Bathrooms
Currently tenanted, inspection via appointment and request only
Please refer to floor plan for context
On a generous allotment in highly sought after and centrally located Kennington, this unique property is the perfect investment opportunity. Just minutes from Kennington Village, reservoir and fantastic schools this home provides flexible living options for a growing family or investment portfolio.
Set along popular Edwards Road, directly opposite the entry to Latrobe University this almost 2000 square metre allotment is currently divided into two separate dwellings to maximise a rental return potential of approximately $900 per week. The two dwellings are separate metered for ease of letting separately.
The large allotment provides plenty of off street car parking for multiple vehicles, garage storage options or a home workshop. Surrounded by low maintenance landscaping, including stone edging, stoned driveways and retaining walls, the property is set up for low maintenance living and a 'set and forget' investment.
Upon entry to the first private dwelling, there are two large bedrooms off a separate landing. Both of these have walk in robes and one room is completed with full modern renovated ensuite bathroom, in addition there is also a large family bathroom and separate toilet that has been freshly renovated. Two additional bedrooms are off the central hallway, all rooms have large windows providing loads of natural light and fresh carpets. The hallway leads to the open plan living area and kitchen, which is equipped with plenty of storage and large glass sliding doors leading to a fenced outdoor area. Three large skylights in this room are a feature that floods the area with warmth and natural light all day.
Up a wide private driveway is car parking spaces and entry into the current second dwelling. The entrance leads through into the open plan kitchen and living area, again with plenty of built in storage options and well-appointed kitchen. Down a central hallway you will find two large bedrooms both with walk in robes, built in storage and a large renovated family bathroom. The master suite is to the right of the dwelling, also with full walk in robe and ensuite bathroom.
To the rear of the allotment is a generous parcel of cleared land which could provide someone further development opportunity, or space for your family to create dream backyard. Two large gates open up for rear access to the property, for storage of trailers and caravans.
This extensive property is truly unique, for those wanting the ideal investment, families wanting a great home full of potential or indeed anyone who recognises potential. Set up as the perfect investment, or move in ready and restore to the ideal family home, the opportunities are endless. Opportunities like this are rare and inspection is certainly a must.
Additional features:
Built in storage options
Further development opportunity on rear allotment
Ducted gas heating throughout
Colorbond fenced surrounding each dwelling and property edging
Fully renovated bathrooms
New vinyl flooring and carpets throughout
The size of Kennington is approximately 4 square kilometres. It has 9 parks covering nearly 16.2% of total area. The population of Kennington in 2011 was 5,830 people. By 2016 the population was 5,649 showing a population decline of 3.1% in the area during that time. The predominant age group in Kennington is 20-29 years. Households in Kennington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kennington work in a professional occupation. In 2011, 60.8% of the homes in Kennington were owner-occupied compared with 59.2% in 2016.
Kennington has 3,367 properties.
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