444 WATERWORKS RD
ASHGROVE
ASHGROVE
DUAL INCOME OPPORTUNITY IN PRIME LOCATION
This pre-war Ashgrove classic offers a rare chance to secure a dual-income property on a generous 804m² block. With its versatile layout, charming character features, and strong rental yield, 444 Waterworks Road is perfect for investors, extended families, or those looking to maximise their income potential.
Upstairs (444A) boasts a spacious and light-filled three-bedroom home currently rented for $750 per week until March. Featuring polished timber floors, high ceilings, and classic casement windows, it radiates timeless appeal while offering modern comfort. Downstairs (444B) is a fully self-contained one-bedroom unit, rented for $390 per week until April, making it ideal for extended family living, guest accommodation, or an additional rental stream.
Key Features:
- Upstairs (444A): 3 bedrooms, 2 bathrooms, kitchen, living, dining, and study.
- Downstairs (444B): 1 bedroom, 1 bathroom, kitchen, and living area.
- Dual access and separate entrances for each residence.
- Original pre-war features, including timber floors, high ceilings, and character windows.
- Generous 804m² block with large backyard and mature gardens.
- Double carport plus a single lock-up garage for ample parking.
- Opportunity to renovate, enhance or maintain as-is for consistent rental returns.
- Potential to convert into a single large residence or retain dual living.
- Spacious backyard with room for a pool, extension, or additional landscaping.
- Close proximity to shops, cafes, schools, and public transport.
Located in the heart of Ashgrove, this property is within walking distance of local cafes, supermarkets, and Ashgrove’s vibrant community precinct. Enjoy the convenience of excellent public transport options, highly regarded schools such as Ashgrove State School and Marist College, and the nearby walking and cycling tracks that make the area so popular with families and professionals alike.
Contact Simon Parer on 0419 644 804 for more information.
