This is an ideal First Home, downsizer or investment property in a popular location close to schools, sports and CBD. Built in the 1950s of fibro construction, hardwood frame, aluminium windows and tiled roof, the 3BR home is set on approx 585m2 block just across the road from West Warrnambool primary school. Emanuel & Brauer Colleges, local kinders & St Pius Primary School are all just a short walk away.
The house has a simple but functional layout and scope for those who want to beautify and add value over time. Some retro style and period appeal with high ceilings, untouched floorboards under the carpets and big windows allowing plenty of natural light to flood in. There are 3 good sized bedrooms (2 with BIRs), a sunny front lounge with new reverse cycle heating/ cooling unit, kitchen/ meals area with gas cooking, neat bathroom, toilet and separate laundry.
The block slopes down to the South meaning you have some city views from the kitchen area, plus good visibility of the enclosed yard to keep an eye on the kids! A long drive leads down the side of the house to a large single garage/ workshop with pit and there is plenty of room for more sheds/ garaging if required, plus a decent family-sized yard.
With a red hot market, these entry level opportunities are being snapped up quickly. For the young ones, this is a chance to stop paying off someone else’s mortgage, to get your own place with scope to renovate and add value now or later on… For investors, very short supply and strong demand means good %age returns and this house will always rent out, located within a few hundred meters of 2 primary schools… expect a return of around $410 – $430pw and a long list of prospective tenants. Upgraded fusebox, compliant appliances, the house has a long rental history and is rent ready!
This house is ready to go now with vacant possession, flexible terms with quick settlement possible if you’re in a hurry. Call us today to arrange your inspection.
