Conveniently positioned a mere five minutes from Bendigo's bustling CBD, this charming weatherboard home presents an enticing opportunity for both homeowners and investors alike. Featuring two bedrooms within the main residence and an additional one-bedroom unit at the rear, this property is currently occupied by reliable tenants, offering immediate rental income with the option for vacant possession. Generating a combined rental income of $465 per week, this property is a lucrative addition to any investment portfolio and warrants serious consideration. The home offers a light-filled lounge, where a gas heater and air conditioner provide year-round comfort, functional kitchen/dining area complete with gas cooking facilities, rear mud room that could be used as an office/study space, original bathroom includes a shower over the bath and vanity along with a laundry and separate toilet. The fully self-contained unit contains an open plan kitchenette/living space, spacious bedroom with ensuite plus an external laundry. The unit is serviced by a split system for heating and cooling. Externally, the property features a shared double carport and well-maintained gardens, adding to the overall appeal. Situated on the fringe of the city, residents of this property enjoy easy access to all that Bendigo has to offer, including shopping precincts, cafes, La Trobe University, medical facilities, sports venues, and educational institutions. With its prime location and solid rental returns, this property represents an outstanding investment opportunity in one of Bendigo's most desirable areas. Don't miss your chance to explore all that 138 Neale Street, Flora Hill has to offer.