Step into an exceptional opportunity with this rare portfolio of four charming timber homes, all circa 1900s, nestled on a sprawling 2864sqm block on Wood Street. Held by the same family for over a century, these properties—83, 85, 87, and 89 Wood Street—represent a truly unique investment, ideal for both savvy investors looking to enjoy strong rental returns and visionary developers seeking an expansive site for future growth.

Each of these historic homes has its own character and charm, from freshly updated interiors to original architectural details. They could be retained as a rare collection of high-yield, heritage-style rentals, or removed to unlock the full potential of this substantial block in a sought-after location.

The Properties:

* 83 Wood Street: A beautifully renovated four-bedroom, two-bathroom home with a spacious layout and modern comforts.
* 85 Wood Street: A cozy and inviting two-bedroom home with a sleepout and a sun-drenched kitchen—a true charmer.
* 87 Wood Street: This three-bedroom residence features a separate lounge and kitchen, complemented by a bright and airy sunroom.
* 89 Wood Street: Recently restored with fresh paint, new floor coverings, and updated interiors for a contemporary feel.
All homes have received new roofing and guttering and are tenanted with excellent long-term renters on 12-month leases, currently generating a gross rent of $1,300 per week, set to increase to $1,580 per week on 21st January. With the properties on a combined 2864sqm, they offer an incredible income stream with expansive redevelopment potential.

Key Investment Highlights:

Four timber homes on a rare 2864sqm block, ideal for rental or redevelopment
Combined weekly rent of $1,300, increasing to $1,580 in January2025.
Excellent tenants on 12-month leases, ensuring a stable income stream
Potential to retain as high-yield rentals or redevelop the site for increased future value
Each home has been recently updated, with new roofs, guttering, and various renovations
Whether you’re looking to enjoy the charm of this historic collection and maximize rental returns or unlock the prime development potential of this 2864sqm site, this once-in-a-lifetime opportunity on Wood Street offers unmatched flexibility and appeal. Don’t miss your chance to make it yours!