49 Washington Drive Oakleigh South, VIC 3167

- Calling all investors -

Unlock a rare dual-income opportunity in the heart of Oakleigh South. This is an unbelievable opportunity to secure two properties for the price of one!

Situated on a corner allotment, this property boasts a dual income currently returning $1,030 per week. Each property has their own entrance and is separated by fencing, this is an ideal situation for anyone that is looking to enter into the marketplace and live with another rental income

Perfectly positioned in a quiet, family-friendly pocket, this versatile property offers investors and extended families the ultimate combination of flexibility, functionality, and financial reward.

Property Highlights:

Unit 1:

• Three generous bedrooms, including a master with private ensuite

• Two well-appointed bathrooms for added convenience

• Spacious, light-filled living room designed for comfort and relaxation

• Dedicated dining area ideal for family meals and entertaining

• Separate laundry with practical storage and external access

• Thoughtfully designed layout offering space, privacy, and everyday functionality

Current lease : $ 2,520 per calendar month till 17/01/2027.

Unit 2 :

• A stylish two-bedroom one bath residence completed in 2016

• Modern comfort and excellent investment advantages

Current lease : $ 1,955 per calendar month till 07/06/2026.

Corner Block Advantage & Future Scope

Positioned on a prominent corner allotment, the property offers exciting scope for future enhancement, including the potential to redevelop with townhouses (STCA). This adds a valuable layer of flexibility for investors looking to capitalise on land value and future growth.

Prime Lifestyle Location

Enjoy exceptional convenience in the heart of Oakleigh South:

Walk to Karkarook Park for trails, wetlands and open green space

Shop locally at The Links Shopping Centre

10 minutes drive to Moorabbin DFO and Costco, minutes to major retail destinations including Chadstone Shopping Centre and Westfield Southland,

Close to the Dales Park Netball Centre

Combining immediate rental strength, depreciation benefits, corner-block potential and an unbeatable location, this is a standout investment opportunity not to be missed.