Double Duplex with Development Potential

42 and 44 Chalmers Avenue, Hampstead

Deadline Sale - 5.00pm, 9 July 2026 No Prior Offers

9
5
7
2022m2
  • Property IDASH43774
  • Property TypeHouse
  • Garages2
  • Carports5
  • PriceDeadline Private Treaty GST Inclusive
  • Land Area2022 m²

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Deadline sale details

Deadline Sale - 5.00pm, 9 July 2026 No Prior Offers

We are delighted to present a rare and versatile investment opportunity, offering two duplex properties on separate titles, complete with income streams and future development potential.
Property One features a well maintained duplex comprising:

• One 2 bedroom unit
• One 3 bedroom unit
Both units include carports. There is a garage (currently leased), plus a vacant section at the rear of both properties which provides an exciting possibility for further development or land banking.
Current gross rental income: $44,720 per annum.
Property Two offers a second duplex configuration, comprising:
• Two 2 bedroom flats
• One 1 bedroom flat
Each flat benefits from its own carport, while a large shed 15.3 x 8.9 metres (approx) at the rear presents further leasing potential.
Current gross rental income: $54,080 per annum.
This unique offering delivers multiple income streams alongside significant upside potential. Astute buyers will recognise the value in exploring subdivision opportunities (subject to council approval) on the vacant land.
Whether you're looking to expand your portfolio or invest in a property with development prospects, this is an opportunity not to be missed.
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Please note: Land and floor area measurements are approximate, and boundary lines indicative only. Reasonable efforts have been made to source information from reputable sources. We do not, however, warrant its accuracy or fitness for any purpose. Purchasers should independently verify information through a due diligence investigation if it is relevant to their decision to purchase.

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Stephen Watson

Stephen Watson

Residential & Lifestyle Sales Consultant

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