Set 400m from the heart of Palmwoods, where you can catch the train to Brisbane and visit some of the Sunshine Coast's most well known diners. This property is located only 20 minutes from Maroochydore and it's 10 minutes drive to Montville. This high-set dual living home offers the astute investor an opportunity to secure a property with so much potential. An owner occupier could potentially negotiate with the current tenants to vacate earlier than the current lease end date. Cleverly split into two private sections, the top level offers 3 bedrooms, one of which could be an office, and a very large living area. The lower level is a spacious open plan studio. Both have carports and are fully fenced. HOUSE: The main house has a large covered and enclosed deck and a separate BBQ area, perfect for entertaining friends and family. Inside the home, you are greeted by high vaulted ceilings, a gorgeous wood burning fireplace that is sure to keep the whole house nice and warm during the cold winter months and beautiful hardwood timber floors. The open plan living area, with tree views, is split into two lounges and a dining area adjacent to the kitchen. There are lots of cupboards in the kitchen and you'll find a dishwasher and a large 90cm wide Smeg oven with gas cook-top. The large master bedroom has a walk-in robe and en-suite. The second bedroom is serviced by the family bathroom complete with laundry. The third bedroom could be used as a child's bedroom or office. STUDIO: The spacious studio has a separate driveway, double carport, and lots of garden space. A good size kitchen offers the aspiring master chef room to practice their skills and the modern bathroom doubles as a laundry too. Each rental is separately metered for electricity and water and the tenants currently pay $500pw for the main house and $300pw for the studio. Features at a glance: # Private dual living # Separate driveways # Short walk to the heart of Palmwoods and the ever-popular Ricks Garage & Palmwoods Hotel # 800m2 block # Fireplace # New fences # Low maintenance brick home # Long term tenants in place for main house and studio # Combined rental income of $800 p/w # Palmwoods Village Shopping Centre coming soon * The master bedroom has been digitally staged ** Every precaution has been taken to establish the accuracy of the material on this listing and all information provided has been gathered from sources we deem to be reliable. We cannot however guarantee its accuracy and interested parties should make and rely on their own enquiries