**ACCEPTABLE OFFER RECEIVED: ALL OFFERS CLOSE OFF SATURDAY 17TH JAN @ 2PM**
Discover a haven of comfort, opportunity and versatility with this remarkable property, nestled in one of Preston's most sought-after pockets. Boasting a beautifully renovated double-storey Californian bungalow plus a separately metered villa unit currently returning $1,911 per month with the front house previously being rented for $2,998 per month, this is a rare dual-living opportunity that delivers instant income for the smart buyer.
Step inside the front home to find two generous ground floor bedrooms, including one with a stunning bay window, a central bathroom, and a north-facing, sun-drenched open plan kitchen/living/dining zone. Bi-fold doors create seamless indoor-outdoor flow to the perfect entertainer's deck and garden - ideal for relaxed family living and hosting alike. Upstairs, you'll find an oversized third bedroom/retreat with ensuite, a dedicated study nook perfect for those working from home, and the comfort of double-glazed windows.
Adding even more value is the separate villa unit, featuring open plan kitchen/living/dining, a bedroom with built-in robes, stylish bathroom, laundry, a spacious courtyard and a lock-up garage - already tenanted and providing immediate rental return.
With subdivision potential (STCA) and ample car spaces to comfortably accommodate both residences, the possibilities here are endless. Whether you live in the front home while collecting rental income from the villa, accommodate extended family, or explore future development options, this is an outstanding opportunity for the astute buyer to capitalise on a truly unique offering.
Zoned to Bell Primary and Preston High, only steps to the iconic Preston Market, the lively High St cafe and restaurant precinct, Bell train Station, Gilbert Rd tram, multiple bus lines and the Merri Creek trails are close by.
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