Calling all investors! This is what we mean by potential. If you're after positive gearing, then inspect today! Set on a picture perfect Oak Flats block with a gentle slope from back to front, is this beautiful classic cottage. With traditional high ceilings, ornate cornices and polished cypress pine flooring. 3 good sized bedrooms, and a spacious living, separate dining and kitchen area. Internal laundry. Recently renovated brand new bathroom. Endless opportunities available: An ideal entry into the market for a tidy home on a large block with room to renovate/expand in the future, ample side access - add a second dwelling/granny flat STCA (concept plans available), or explore developing STCA. Located in a quiet cul-de-sac, opposite the playing fields, close to the pools, and just a short stroll to the shops, train station and local schools. Was tenanted at $420 per week. Potential for $430-$460 per week as in, plus add a granny flat as per concept plans (STCA) and earn total approx $800-$900 per week. Approx 5.9% Gross Return available to the astute investor. 640m2 block approx 18.3M Frontage
