Auction Location: On site..
Set only a 200m meter walk to the Foreshore Park and gold sands of Port Philip Bay, walking distance to shops, cafes, pubs and transport is this renovator's delight on an allotment of approx. 390sqm
The existing home comprises of three bedroom, central bathroom, kitchen and separate dining / living area, and has split system A/C, gas heating, new hot water service, new aluminium windows and is currently leased to a long term tenant who would like to sign a new lease.
The house would be a perfect starter home for the first home buyers, with plenty of scope to add value over time.
Alternatively the opportunity exists to either renovate / extend the existing home, or starting afresh and designing your dream residence (STCA).
Recently a modern townhouse in similar positions sold in excess of a million dollars so the opportunity to make money is right there.
Don't let this one go and kick yourself later. Blocks this close to the beach rarely come to market and are always in demand due to the location, with demand from Melbourne buyers moving to the coast will no doubt make you money in the future.