17 Greendale Road, Doncaster East, Vic 3109

Two dwellings. One title. And two lucrative income streams given both properties are currently leased separately at $1,586pcm and $780pcm respectively. Too good to be true? Think again...

As far as solid investments go, it's doubtful you'll find better bang for your buck in such a coveted location; a location that's within a short stroll of Beverley Hills Primary School, bus services, Tunstall Square shops and Donvale Reserve and minutes away from the Eastern Freeway and Westfield Shoppingtown.

And the news just gets better when you factor in the generous proportions of the 796sqm (approx.) allotment, which lends itself perfectly to development opportunities (STCA).

Currently occupying the prized block is a neat and tidy three-bedroom single-level home featuring a light-filled lounge, central well-appointed kitchen, separate laundry, two-way bathroom and zoned accommodation. A one-bedroom bungalow with a bathroom, hot and cold water and electric cooktop also takes up residence at the rear of the block.

What a find!