PROPERTY DESCRIPTION
Presenting a freehold 885m² section featuring a 161m² home built in 1905, in need of considerable TLC. The property includes four bedrooms, one bathroom, a separate lounge with a log burner, and a combined kitchen and dining area with access to a spacious backyard and single garage.
Located within walking distance to colleges and zoned for Hampden Street, this property is just a short stroll to the CBD. You have the option to remove the current home and construct a new residence, potentially adding a rental unit for future income, or to develop townhouses on this largely flat site. This opportunity is ideal for developers, those looking to build, or anyone interested in a renovation project with the potential for additional property at the rear of the section.
For more information or to schedule a viewing, please contact Pen today.
RV: $710,000
Price: By negotiation
Land Value $405,000 Improvements. $305,000
