Step into an exceptional opportunity with this rare portfolio of four charming timber homes, all circa 1900s, set across a sprawling 2,864sqm allotment on highly sought-after Wood Street. Proudly held by the same family for more than a century, this remarkable collection—comprising 83, 85, 87, and 89 Wood Street—represents a truly unique investment for both savvy investors and visionary developers.

Each residence tells its own story, blending period character with thoughtful modern updates. From freshly restored interiors to timeless architectural details, these homes can be retained as a distinctive portfolio of high-yield, heritage-style rentals or cleared to unlock the full development potential of the site (subject to council approval).

The Properties

* 83 Wood Street: Beautifully renovated four-bedroom, two-bathroom home featuring generous living spaces and modern comforts.

* 85 Wood Street: A welcoming two-bedroom home with a sleepout and sun-filled kitchen—full of charm and warmth.

* 87 Wood Street: A well-proportioned three-bedroom residence offering a separate lounge, kitchen, and a bright sunroom.

* 89 Wood Street: Recently refreshed with new paint, floor coverings, and stylish updates for a contemporary finish.

All four homes feature new roofing and guttering and are currently tenanted with excellent long-term renters on secure 12-month leases. The portfolio generates a combined gross rent of $1,580 per week, set to increase to $1,650 per week from 21 January 2025, delivering an impressive and stable income stream.

Key Investment Highlights

* Four freestanding timber homes on a rare 2,864sqm block in a prime Warwick location

* Strong existing income: $1,580 per week, increasing to $1,650 p/w in January 2025

* Quality tenants on 12-month leases ensuring consistent returns

* Recently updated throughout, including new roofs, guttering, and modern improvements

* Flexible options to retain as high-yield rentals or redevelop the expansive site (subject to SDRC approval)

Whether you’re an investor seeking exceptional returns or a developer envisioning a landmark project, this once-in-a-lifetime portfolio combines heritage charm, income certainty, and remarkable future potential. Capitalise on Warwick’s growing rental and redevelopment market—opportunities of this calibre are exceptionally rare.