Cherished by one family for 40 years, this character-filled home presents an immense opportunity to retain as an investment or renovate, redevelop to create a stylish residence (STCA). Presently, tenanted on a flexible month-by-month lease means you earn rent while you take the time to design and plan any renovation or redevelopment. Comprising a large studio space which can be used as either a home office or bedroom, the home also has a second bedroom and comfortable living/dining area, central bathroom and kitchen. There is the added benefit of a separate laundry and a generous rear yard with ROW access for car parking. Ideally located in a sought-after pocket of Elwood close to shops, transport, schools, parks and the beach.
Set on an attractive parcel of land of 219sqm (approx.) and with a flexible floorplan, this home is just waiting for its makeover.
Tenancy Particulars: Term is a flexible Month-by-Month with rental of $390pw ($1,670pm)
