New Price $289,000
Currently the lowest priced house in Warrnambool, this bargain buy is both a home and an investment. At present, the property is leased with great tenants for $620 per fortnight.
Ex commission houses are renowned for being sturdy, strong and extremely well built and with its cedar weatherboards, Number 22 has a unique beachy feel. The two-bedroom home has a sensible floor plan, with attributes such as original floor boards, bathroom with shower and bath, separate laundry, separate toilet, good size kitchen and lounge plus a newish roof and hot water system. There is ample shedding complete with electricity and water in the back, including a lock up garage, large weather-proof garden shed with concrete floor and a potential sleep-out ripe for development. And the large 669m2 block could easily be subdivided subject to council approval at a later date.
Surrounded by new builds, close to the CBD, and even closer to the Botanical Gardens, there is a recently refurbished playpark straight opposite the house with primary and secondary schools close by. With the beach a mere 3km away, why not buy now before prices go up again. A sea change doesn't get any more affordable than this!