Positioned on a generous 848m2 block in Spalding, this solid 1975-built brick veneer and tile home presents a genuine opportunity for renovators, investors, or buyers looking to add serious value.
Offering 3 bedrooms, 1 bathroom, a large central lounge/living area, and an above-average sized kitchen, the home has good underlying fundamentals and plenty of scope for improvement.
Whether you're looking to renovate and rent out, flip, or landbank for the future, this property offers strong upside potential in a market where well-presented 3x1 homes in the area are commonly achieving sale prices up to approximately $550,000.
Rental demand in the area also remains strong, with renovated homes potentially returning approximately $480 - $520 per week.
Property Features:
- 3 Bedrooms
- 1 Bathroom
- Large lounge/living area
- Spacious kitchen
- Brick veneer construction
- Tile roof
- Built in 1975
- Generous 848m2 block
- Vacant possession
- Full video walkthrough available upon request
Important Information:
This property is being sold strictly on an "as is, where is" basis and will appeal to buyers comfortable undertaking renovations and improvement works. The home is currently vacant and secured while not occupied. The current owner does not live locally and has not attended the property for some time. The seller and agent make no representations or warranties regarding the condition, functionality, compliance, legality, suitability, or future performance of the property or any improvements thereon. Buyers must undertake and rely solely upon their own due diligence, inspections, investigations, searches, reports, and independent professional advice prior to making an offer or proceeding to purchase. All information provided is deemed reliable but not guaranteed.
Council Rates approx: $2300.00 p.a
Water Rates: $1,477.04 p.a
Contact Will McKenzie today to find out more!
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate but may be subject to change without warning at any time, which is often out of our control. Prospective tenants and purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the Agent and are expressly excluded from any contract.
