Welcome to this fantastic investment & lifestyle opportunity, situated in the idyllic setting of Fitzroy Falls These two cute & quaint weatherboard style homes are set on a generous sized parcel of 1,467m2 with endless opportunities. Whether you are looking for a possible rental income, a weekend getaway, or your permanent tree change, this property represents great value with a gross rental return of around 3.5%. This dual occupancy property is within a short walking distance of popular walking trails, 15 minutes drive to Bowral, Moss Vale & Kangaroo Valley & beside arguably the most spectacular waterfalls in NSW. The Main Cottage : 1270 - Charming & light-filled renovated cottage with side access off Casuarina Cresent - New timber floorboards throughout main living areas & carpeted bedrooms to retain warmth - Great multipurpose entryway serving as a mudroom/laundry - Cosy little study area - Beautiful Hamptons style kitchen with bamboo benchtops, electrical appliances & island - Bright & spacious dining area adjoining the kitchen - Three lovely bedrooms with generously sized windows - Natural toned tiles & a practical bathroom with an over shower bath - Separate family area with slow combustion fireplace ducted to the bedrooms plus reverse cycle air conditioning - Splendid green & fully fenced yard with a chook run - 2 x 25,000L rainwater tanks & instant electric water heating - Double lock up garage with an additional storage shed - ADSL 2 internet connection - Currently rented at $500 pw with the tenant in place until November 2022 The 2nd Cottage : 1270A - Newly built sweet Hardi-weatherboard cottage - Gorgeous, manicured gardens surround the home - Fully fenced & private with a lovely covered front entry verandah - New timber floorboards throughout main living areas & carpeted bedrooms to retain warmth - Neat & tidy kitchen with electric oven, cooktop & rangehood - Modest & airy combined kitchen, dining & lounge with reverse cycle air-conditioning - Two pleasant & light-filled bedrooms with large built-in wardrobes - Lovely compact bathroom & laundry - 2 x 22,000L rainwater tanks & instant electric water heating - ADSL 2 internet connection - Currently rented at $420 pw with tenants in place until October 2022 This property has a plethora of options with the enormous benefit of two homes on one lot of land offering semi-rural living & currently returning a total of $920 per week gross rental income. Fitzroy Falls is a wonderful country hamlet in the Southern Highlands & is ideally situated between Bowral, Robertson, Kangaroo Valley & the Coast & is just 90 minutes from Sydney Airport & Canberra. To inspect this great value property, please attend one of our Saturday Open Homes, or, for a midweek private viewing - Contact Frank Barker on 0456 555 422 or email: [email protected] or Janine Sosa on 0434 555 099 or email: [email protected]