Provisional Reserve $440,000
If you're a die-hard fan of TV renovation programs and have longed for the chance to transform a jaded Canberra home for profit, then this may be the one! Highly regarded as one of the best real estate tactics.....buying a home in need of some inspiration and vision is a smart choice for investors and home owners alike.
Sited on a huge 1137m2 block, with an impressive $302,000 UV, this spacious four bedroom home with study/formal dining and ensuite is the perfect reason to start an account at your local hardware store and an ideal shell to mould into something astonishing.
The original home is set to one side of the block, making it a great opportunity to develop an extension or dual occupancy (subject to approval) for maximum gain on your investment or even add outdoor features and entertainment options that will be the envy of the neighbourhood.
The current owners have used as a five bedroom home and as such it's already a potential money-spinner with an anticipated rental return of $500-$550 per week once it's been transformed.
If you're not afraid of rolling up your sleeves, or have a few good tradies in your contacts list, then
Lot/Plan No: BELC/SPEN/18/9/ 翻譯中文