16 Bayview Terrace

Two homes in one are on offer at this elevated seaside location offering the best of ‘renovators delight’ or ‘developers delight’. The two bedroom residence at 16 Bayview Terrace, Warrnambool is mostly in original condition, capturing coastal views and ready and waiting for you to restore to its Edwardian heritage or value add to take advantage of breathtaking panoramic sea views (STCA). A second residence, accessed via its own private address at 13 Hotham Street, Warrnambool offers a tidy home or second income. Recently refurbished and comprising of three bedrooms with built in robes, kitchen and living room with reverse cycle air conditioner, bathroom with bath and separate shower, separate toilet and laundry. The single lock up garage and private rear yard add to the appeal. The property currently returns rental of $535 per week for the combined, long term residential tenants. There is multiple potential to develop this 824 m2 (approx.) parcel of land. Retaining the existing income producing dwellings and building on the surplus land is also an option (STCA). If location is key, this property is within 450 meters from The Flume surf beach and recreational paths, walking distance to the Warrnambool CBD shopping, cafes and bars. Occupying a rare dual access block and surrounded by quality residential homes, this property is well poised for easy development. For further information and a personal inspection, please contact: Christine Steere 0409906223 or Fletcher Steere 0497097964