Some properties are all about the home. Others are all about the opportunity. Set in an elevated position overlooking beautiful Lake Eildon, this James Street property offers an exciting chance to secure a sought-after Bonnie Doon location and transform an existing home into something special.
Whether you're an investor looking for your next project, a renovator ready to roll up your sleeves, or someone dreaming of creating a lakeside holiday retreat, there's plenty of potential here. With lake views to the front, a peaceful rural outlook to the rear and easy access to the water, the setting is certainly worth investing in.
The home offers three bedrooms with built-in robes, a central bathroom and separate toilet. The open-plan kitchen, dining and living area features a wood heater, with sliding doors opening onto the verandah where the elevated outlook across Lake Eildon takes centre stage. Downstairs, a versatile rumpus room provides additional living space or room for guests.
Outside, an alfresco area with a built-in BBQ offers space for entertaining, while the generous backyard overlooks neighbouring farmland. A powered lock-up garage and double carport provide plenty of storage for vehicles, boats and all the toys that come with weekends at the lake. While the home is ready for renovation, the potential is undeniable. With the right vision, it could become a fantastic weekend escape, an appealing short-stay accommodation investment (subject to relevant approvals) or a comfortable permanent residence.
Just moments from the boat ramp and approximately 15 minutes from Mansfield's cafés, shops and conveniences, this is an opportunity to add value in a location that will always be the main attraction.