There is a choice to make with this property - renovate the admittedly quite tired colonial home into something spectacular, remove it and redevelop the 1,052m2 high-density zoned block within a stone's throw from the town centre, or buy it and sit on it as values continue to rise. Whichever way you choose, odds are on that it is a worthwhile investment.
The house is a very original early 20th century home that is in need of some love. It is not quite past the point of no return, however, as the structure is for the most part quite solid. It has gorgeous 3 inch floorboards underneath the old carpet, and similarly wide tongue-and-groove walls and ceiling. For a seasoned renovator it would be an excellent project and has the potential to be returned to and beyond its former glory.
For the developer it is an ideal block of land; over 1,000m2 of gentle sloping land (just 3m of fall from back to front over the near 60m length) with a high density residential zoning. Of course any development would be subject to council approvals.
Secure your portfolio with this multi-faceted investment. Book an inspection today to view in person through The Williams Team on 0467 044 974.
