If you are not ready for an industrial strength renovation then steer clear of this one! Some floors have dropped and it requires full renovation.
If you are looking for a project then this may be exactly what you are looking for, or as the site has 2 lots perhaps it could be redeveloped.
The contract of sale has 2 × 149 zoning certificates that show the following abridge “Permitted with consent” items:- Attached dwellings, dwelling houses, multi dwelling housing, residential accommodation, respite day care centres, semi detached dwellings or seniors housing.
Close by to this property you will find the Wellington Hospital, Aged care facility, ambulance station, parks, high school and higher quality homes that would be very happy to see this one transform.
The front part of the home is full brick construction while the rear section is weatherboard.
The market will set the price for this property, however the potential is only limited by imagination.
|R&H Suburb Summary||Houses|
|Number of sales||101|
|Median Rental Price||$260 p.w.|
|Change in Rental Rate (5yr)||24 %|
|R&H Suburb Summary||Units|
|Number of sales||1|
|Median Rental Price||$250 p.w.|
|Change in Rental Rate (5yr)||32 %|