Under Contract By Tom Fox | Serious Renovator or Knock Down Opportunity! Massive Upside in Prime Suburb!
Let's answer some key questions;
- Requires underpinning (Subject to quoting)
- Home has moved 600mm from the front to the back of the home
- The home has been priced with all of the above in consideration and the seller is motivated to get a deal done.
- Land Size: 450m2 (Approx.)
- Internal Size: 149m2 (Including Patio & Garage)
- Yeah Build: 2000
Positioned in a quiet cul-de-sac in the heart of Raceview, 3 Shiralee Court presents a rare opportunity for builders, renovators and investors to secure a structurally challenged home at a price point that allows serious upside.
Set on a well-positioned allotment and built in 2000, the home offers 149m² under roof and a functional layout ready for transformation. Whether you choose to undertake structural rectification and renovate for profit, or explore a knock-down rebuild to maximise the block's potential, the numbers here make sense.
A standard 3 bedroom, 1 bathroom, 2 car home in Raceview is currently achieving around the $800,000 mark and with this property listed at Offers Over $499,000, the value gap creates genuine opportunity for those willing to do the work.
Existing Home Features:
- 3 bedrooms, all with built-in wardrobes and ceiling fans
- Open plan kitchen and dining area
- Separate living room
- Double car accommodation
- 149m² under roof
- Built in 2000
- Quiet cul-de-sac location
This is a project for the right buyer, this is the type of opportunity that rarely comes to market.
If you've been waiting for a property where you can manufacture equity through renovation or start fresh with a new build, this is your chance.
Disclaimer:
STRUD Property has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
assignmentLooking for more information on 3 Shiralee Court?
Explore comparables, sales history and growth for this property.