Five Bed - Two Living - Large Land - Premium Location - Large House - Good Bones - Needs Work.
This five bed, two living, brick veneer home needs work but will reward anyone willing to do it.
Located in a quiet cul-de-sac just minutes walking distance from the Supermarket, Lobethal Bakery, Gym, Hospital, Chemist, Bottleshop and public transport this home represents exceptional value for first home buyers, renovators, builders or someone wanting a long term investment as it is appraised to return $360/wk in rental income.
With good solid bones, a handyman or tradie would love a project like this! The difference between this property and everything else in town is its location, land size and significant house size. It's a money maker for any handy man.
Entering via the large front yard the first living area boasts a reverse cycle air conditioner that feeds into the dining room and kitchen. There are three bedrooms at the front of the house with the master featuring built in robes and a ceiling fan. A bathroom, separate toilet and laundry with outside access completes this original part of the house.
A further two bedrooms, both with built in robes and ceiling fans have been added at the back of the home, together with a large sunken family room that adds lots of living room and space to the entire house.
The secure backyard provides access to the Implement garage and work shed which could be a useful storage solution during renos or for trade materials. The facia boards around the house and the small retainer wall at the back of the house needs attention but this is the perfect opportunity to add easy value to the property through a reno or some clever landscaping.
Undercover carparking with off street parking for an additional 2 cars completes this practical family home.
Now is the perfect time to buy real estate now that investments are no longer under threat.
Features:
• Large brick/veneer home with shedding
• Flexible floor plan incl. 5 bedrooms and 2 living areas
• LG Reverse cycle air conditioner (heating & cooling)
• Combustion heater
• 2 rain water tanks
• Mains water
• Quiet cul-de-sac minutes from the reserve, gym, supermarket, hospital, public transport
• Close to all schools
• Public transport accessible from nearby Wellington Road
• Walk lane to main road close by.
Rental Appraisal $360 - $380/wk
For finance options, please contact finance broker Danae Reed of Loan Market on 0429 398 329