48 Paparata Road, Bombay

Sold March 2024 for $1,090,000

4 Bed
2 Bath
2 Lounge
1 Office
2 Garage

LEGAL HOME AND INCOME + VIEWS!


At the heart of Bombay Village, located across the road from the highly desirable and sought after Bombay Primary & Intermediate School, this recently renovated two storey home boasts two legally separate dwellings (one upstairs and one downstairs) on one title plus an additional utility building on a huge 1262m2 freehold, elevated section with fantastic views.

Often sought, but rarely found in the Franklin region, a legal home and income property provides a multitude of options to prospective purchasers. With the ability to utilise both dwellings for your family, live in one and rent out the other for additional income, or they can make fantastic investments for astute purchasers who wish to rent out both dwellings and enjoy multiple income streams whilst saving on the rates and insurance costs in comparison to owning two separately titled properties.

The upper level of this home accommodates 3 double bedrooms, and 1 newly renovated bathroom and a separate WC, with the master bedroom featuring a study nook and walk-in wardrobe. The living areas are comprised of a modern kitchen, open plan dining area, and substantial living room complete with enclosed wood burning fireplace. Revel in the views to the North and West from the wrap around deck, which provides much desired indoor outdoor flow. The lower level of the home features a 1 bedroom dwelling with open plan living, dining and kitchen area and separate bathroom. The double garage with internal access is also located on the ground floor.

  • 2 legally separate dwellings on one title
  • Upstairs: 3 bedrooms, 1 bathroom
  • Downstairs: 1 bedroom, 1 bathroom
  • Double garage with internal access
  • Solid brick and concrete block construction with tile roof
  • Renovated in recent years
  • 1262m2 freehold corner section
  • 2 street frontages with vehicle access from each
  • Short distance to the motorway for commuting North or South
  • Rental appraisal: $1,130 - $1,280pw

Being on a corner site, there is vehicle access available from both Paparata and Barber Roads, and these connect via a concrete driveway that provides access to the home's double garage and comfortable uncovered parking for an additional 4 vehicles. Aside from the home, there's an additional bonus of a separate building that would make a great workshop, storage area, studio or work from home space. You decide. And the generous 1262m2 section boasts established attractive gardens and a level area of lawn for the children to safely play.

Seriously for sale, the current owner is ready to make their next move. Make contact today for more information or to organise a time to view.

Property details

Location:
48 Paparata Road, Bombay
Property type:
Lifestyle
Land area:
1262m²
Bedrooms:
4
Bathrooms:
2
Family room:
1
Separate Laundry:
1
Separate Lounge:
1
Study / Office:
1
Garaging:
2
Property ID:
860189

Distance to schools is as the crow flies and is provided as an estimate only. Source: Ministry of Education

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