Positioned on a generous 804 sqm (approx.) allotment, this weatherboard home presents a strong opportunity for investors, developers or first home buyers seeking value-add potential in Claremont. Offering urban views with water glimpses, the property combines solid fundamentals with scope to renovate, extend or explore strata development (STCA). With key search terms like "investment property", "development potential", and "large block" front of mind, this is a practical option for those looking to secure a foothold in a growth-oriented location.
Inside, the home retains original character with quality timber floorboards, a large living room, and a functional layout that includes two generous bedrooms and an original but tidy bathroom. The kitchen connects to an enclosed sunroom, with an additional mudroom providing extra utility space. Under the house, a substantial storage, workshop or utility area adds further flexibility, while the enclosed backyard with timber fencing enhances usability for storage or future improvements. The existing condition allows for immediate occupancy or rental income, while still offering clear scope for upgrades to increase return on investment.
Set in a location appealing to both renters and owner-occupiers, the property benefits from proximity to local amenities, transport options and established community infrastructure-key factors for long-term capital growth and rental demand.
Video walk-through inspection available on request.
Year Built: 1958
Construction: Weatherboard
Annual Council Rates: $1,914 approx.
Expected rental return: $530 per week
