4 Twine Place

It's exceptionally rare to find a property like this in one of Tuggeranong's most tightly held and family-oriented pockets. Set across two separately titled dwellings on one parcel of land, 4 Twine Place offers a level of flexibility seldom available in Monash - whether your goal is dual-income potential, keeping family close (but not too close), accommodating multigenerational living, or simply using a second residence to help offset the primary mortgage. Property one: - Unit 1, Block 6, Section 102 - Block Size: 480sqm - Bedrooms: 4 bedrooms - UV: $371,000 - Rates: Approx $3,497 p.a. - Land Tax: Approx $3,653 p.a. Property two: - Unit 2, Block 6, Section 102 - Block Size: 281sqm - Bedrooms: 1 bedroom - UV: $159,000 - Rates: Approx $2,396 p.a. - Land Tax: Approx $3,120 p.a. In a market where approvals, construction timelines, and building costs continue to frustrate Canberra buyers, opportunities like this become even more valuable. Instead of waiting months - or years - to create a second dwelling or income stream, this property provides immediate flexibility and potential cash flow from day one, with the ability to move in, lease out, or accommodate family almost immediately. With estimated rental potential of approximately $475 per week for one residence and $725 per week for the other, the property presents a potential combined gross return of approximately $62,400 per annum depending on leasing strategy. Importantly, this is not a speculative flip or an overcapitalised renovation. The homes have been tightly held within the one family for more than 35 years. As expected with residences originally constructed in 1979 and the early 1990s, the building reports identify some maintenance items typical of homes of this era - however the foundations are solid: level construction, brick homes, established infrastructure, and genuine long-term ownership pride throughout. If you need a solution now, this is a home that can accommodate all stages of life. These are the kinds of opportunities buyers hold onto for decades. Privately positioned within an established streetscape, the property delivers the freedom to live in one residence while leasing the other, accommodate extended family with independence and privacy, or retain a long-term strategic asset with future flexibility. Recently refreshed and immaculately presented, this is a rare chance to secure a genuinely flexible offering in a suburb renowned for its community feel, long-term ownership, and tightly held nature. Auction conditions; 1. In order to allow buyers and future owners to make inquiries we are setting aside pre-auction offers. This is so buyers have time to conduct research. 2. Flexible settlement terms are provided - Ideally 30 to 60 days. 3. A 10% deposit is required however on the day of auction we will take $1000 with 10% at risk.