Impossible to overcapitalise in this prime location. Whether you want to do it on a budget and live in such a position at a bargain price, or want to start again, you have both the land size and prized location to do it. Fully rebuilt or renovated homes in this pocket sell for $2 million or more. So yes, you are paying primarily for the land, but a very comfortable, well cared for home as well.
The huge lot allows for all the trappings such as substantial garaging, pool and the much desired outdoor living zones. The limit is only your imagination.
Whether you’re a family looking to step up into blue-chip real estate and wanting to create your dream home, or an investor/developer looking to unlock the potential of this large 784m² (approx.) parcel of land (STCA), this blank canvas is your opportunity to shape your future.
Key Features
• Prime location at the river end of Newtown – peace and privacy, enjoy leisurely walks around Fyans Park and the Barwon River. Fyans Park Primary is also within easy reach.
• Expansive 784m² allotment – potential to extend the existing home or redevelop subject to council approval.
• Solid three-bedroom home – separate living/bedroom zones, easy to renovate and add further value. Sunny, neutral interior, split system air conditioning, sizeable bedrooms with built-in robes, designated meals area, practical kitchen with gas cooking and a central bathroom. Oversized garage and ample shedding.
So don’t steer away from the golden real estate rule. You can always change the house but never change the location.
