This property would be ideal for someone wanting an opportunity to split the block and build 2 contemporary homes and profit.
The home itself is in need of work but could be rented for $300-$320pw whilst you work through plans and approvals.
Demand for new homes in this area are strong, with plenty of evidence suggesting premium prices are being achieved.
There are 2 lots, but were realigned many years ago by BCC to run diagonal; therefore a realignment will be necessary.
Do your sums, it makes sense at this price. Inspect by appointment or at an open home.
-3 bedrooms
-1 bathroom
-810m2 (approx)
-2 lots
- Quiet street- well positioned