12 Arthur Street

Crestwood NSW 2620

This unique solid double-brick two storey detached property on a 654m2 (approx.) R3 zoned medium density residential block is currently configured as two rental units. One 4-bedroom home upstairs and one 3-bedroom unit downstairs. Both units have their own lock-up garage and enjoy a large sunny backyard, on-site visitor parking and ample free on-street parking. The upstairs unit is a very generously sized four-bedroom home with lounge, sunny dining and kitchen areas, walk-in pantry, bathroom with separate WC, and spacious entry and hallway. Downstairs, the large three-bedroom unit boasts similar features but with a functional updated kitchen and living area including internal access to the lockup garage. Rent out both, or live in one and rent out the other, the choice is yours. With an excellent rental history, potential for great rental returns, priced competitively between $929,000 and $969,000, you do the sums! Whether you're a savvy investor, a multi-generational family, or a homeowner seeking flexibility, this double-brick gem offers immediate rewards and long-term potential.Key Highlights: Dual-income potential Separately metered 4-bedroom home upstairs and 3-bedroom flat downstairs Estimated rental return:o Upstairs (4BR): ~$650/weeko Downstairs (3BR): ~$550/weeko Combined: ~$1,200/week (approx.) Double-brick construction with timeless terracotta tiled roof Ideal for extended families, investors, or renovators Zoned R3 Medium Density Residential explore future development potential (STCA) Solid foundation with scope to modernise or redevelop Generous 654m (approx.) block with side access, double garage & off-street parking________________________________________Upstairs Residence (12A) 4 spacious bedrooms Separate lounge and dining areas Large retro kitchen with electric upright stove Bathroom with bath and shower + separate toilet Ducted heating throughout Front and rear balconies NBN connected Private garage access________________________________________Downstairs Flat (12B) 3 bedrooms Open-plan kitchen, living & dining Original fireplace for cozy evenings Separate access & fully self-contained Private garage & NBN access________________________________________Additional Features Double lock-up garage Side access to backyard Detached studio/laundry at rear ideal for workshop or creative retreat for 12A Spacious yard Classic finishes with room for renovation Electric heating & tiled roof showcasing quality construction________________________________________Prime LocationNestled in a quiet street, yet minutes to Queanbeyan CBD and the Canberra border, this location offers unbeatable convenience: 3 min drive to Queanbeyan High School 5 min drive to Queanbeyan CBD & Canberra Outlet Centre 10 min drive to Canberra Airport Walking distance to shops, schools, parks, and transport Quick access to arterial roads connecting to Woden, Tuggeranong & Canberra City________________________________________Nearby Schools: Queanbeyan West Public 4 min walk (400m) St Gregorys Primary 6 min drive Queanbeyan East & South Public 78 min drive Karabar High School 6 min drive St Edmunds College 11 min drive________________________________________Rates: QPRC Rates approx. $1,083/quarter________________________________________The OpportunityThis is a rare find in Crestwood a classic, character-filled home with separate residences offering flexible living or immediate dual rental income. With its solid construction, generous proportions, and prime zoning, this property presents a unique chance to renovate, redevelop, or invest in a high-demand area.Inspections are a must come and see the potential for yourself.