Built in an era when homes were made to last, the concrete stumps, hardwood sub-floors and frames will go a long way to ensuring the foundations of this home withstand the tests of time.
Any good property decision should represent good potential for capital growth, options for adding additional capital value through potential improvements and for pure investment, a strong yield potential.
This property offers all three!!!!
Located in a family friendly, quiet established neighbourhood, the home is 5 minutes to the CBD, walking distance to schools, sports reserves, Bellarine rail trail and Tafe, whilst the gorgeous Barwon River walking/cycling tracks are just over 1km away. Having all of this infrastructure on your doorstep will ensure strong capital growth potential for years to come.
Beyond the attractive facade boasting beautiful native plants and balcony,
the home is well presented and comprises 3 generous bedrooms, central bathroom, separate toilet and laundry, kitchen/meals area and living room with gas heater and air conditioning.
Hardwood floors are throughout the main traffic areas. Having a 577m2 (approx.) allotment also lends itself to further extensions if desired (STCA).
These attributes provide huge opportunity to improve the capital value.
Additionally, given the affordable level of the property and high leasing demand in the area, the yield is strong ensuring good initial return on investment.
The current tenant has been there for 10 years and is on a periodic lease providing ultimate flexibility for the new purchaser.
A carport, additional car space off street, secure yard at the rear and garden shed complete this home.
The opportunity and value on offer here can not be denied. Call Dion on 0424 940 629 to learn more.
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