194 Hume St

Corowa NSW 2646

1012 m²

House

Currently for sale - view listing

Overview

A Rare Combination of Position, Potential & Income

Positioned on a generous 1,012m² corner allotment in South Corowa, 194 Hume Street presents an interesting opportunity for investors, renovators or buyers looking beyond the home itself to the possibilities offered by the land. The existing solid brick residence is positioned toward the rear of the allotment, leaving a substantial portion of the block relatively open and creating potential for buyers to explore a range of future options. The home itself offers two bedrooms, comfortable living, electric appliances, split-system heating and cooling and the added warmth of electric heating. Outside, there is a single carport and garden shed, while the expansive corner allotment provides plenty of additional space. Of particular interest is the positioning of the existing residence toward the rear of the property, which may provide scope to investigate the construction of an additional or replacement dwelling, further development or other improvements subject to council approval, planning requirements and all necessary consents. For investors, the property also provides an existing income stream. It is currently tenanted at $365.00 per week. Located only a short distance from the Murray River, Lions Park and boat ramp access, the property combines an established tenancy with a substantial parcel of land in a popular South Corowa location. Whether retained as an investment, improved over time or considered for its longer-term development potential, 194 Hume Street offers considerably more than first meets the eye. Features include: Solid brick two-bedroom residence Generous 1,012m² corner allotment Home positioned toward the rear of the block Substantial open area toward the front of the property Potential for further improvements or development, subject to approval Electric appliances Split-system heating and cooling Electric heater Single carport Garden shed Existing residential tenancy Current rent $365.00 per week Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.