Positioned in an area central to the local recreation grounds, Aquatic Centre and schools, this spacious three bedroom home has tidy street appeal and positioned on a 569sqm block facing into a quiet cul-de-sac. Now priced in the mid $400,000's, 5 Gipps Street represents excellent value in today's market. The light filled lounge steps down giving an extra sense of space of a high ceiling in this area, plus a huge kitchen and separate dining. A reverse cycle split system air conditioner makes the whole home climate adjusted for both summer and winter.This versatile property has two separate single lock up garages. The rear yard has easy simple maintenance, along with having the potential for side access, perfect if you need to house a boat, trailer or caravan. It's an ideal place for a first home buyer, investor or someone looking to downsize. Conveniently placed within walking distance of Taree Leagues Sports Club, sports fields and popular walking and bike track.Currently leased at $375 per week with the potential for an increased return in the future, this property could be the set and forget investment property that you have been searching for. To have an opportunity to view this value packed property, come along to one of our upcoming open homes or contact Justin Atkins on 0417 955 176 or Kelly Sawyer on 0421 025 081 for more information.