SoldJun 6, 2014

5 Peters Street, Coconut Grove, NT, 0810

$530,000

3
1
2

House

Sold: Jun 6, 2014

What's around 5 Peters Street

Renovate or redevelop to add significant value

This superbly located family home just minutes to beautiful Nightcliff foreshore and shopping centre presents plenty of potential for the right buyer to add significant value with a renovation or redevelopment. - The MD-zoned block presents opportunity to redevelop as a duplex - Open-plan living dining room opens onto rear patio and in-ground pool - Distinctive slate floors, interior timber cladding and pitched ceilings throughout - Good-sized wrap-around kitchen connects to open-plan living space - Main bathroom with walk-in shower and separate toilet, plus internal laundry - Generous master bedroom overlooks the pool - Built-ins and air conditioning to all three bedrooms - Huge pergola frame and extensive paved patio ripe for renovation - Established garden with beautiful mature shade trees - Plentiful off-street parking and garden shed at rear Investors take note of the rare opportunity to redevelop this ideally located MD-zoned block into a high value duplex, and first-home buyers embrace the chance to create a truly spectacular family home with a few personal touches. Enter into the spacious open-plan combined living/dining room where stunning pitched timber ceilings and slate flooring presents a distinctive canvas to create a unique family space. The open-plan wrap-around kitchen adjoins the open-plan living space, which opens onto a huge paved patio with established garden and beautiful mature shade trees. Here, a large pergola frame and fenced in-ground pool and spa are ripe for renovation with all the ingredients in place to create a luxurious resort-style outdoor space. Back inside, a hallway connects the open-plan living/dining room to the three bedrooms, all with built-ins and air conditioning, plus lovely pool views to the master and second bedrooms. The main bathroom with walk-in shower and separate toilet is conveniently located opposite the master and second bedrooms and adjacent to the third bedroom. A generous internal laundry, plentiful off-street parking and garden shed at rear complete the package. Whether you're a first-home buyer with a creative eye or a savvy investor seeking the right redevelopment opportunity, organise an inspection today to secure this high potential property. Council Rates: $ 1750 per annum (approx..) Year Built: 1976 Area Under Title: 607m2 Zoning: MD (Multiple Dwelling) Status: Vacant Possession Rental Estimate: $560.00 per week (approx.)

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