You are looking at a smorgasbord of options here with an affordable price tag right on the city doorstep!
The approx. 120m2, 1920's funky bungalow is situated up a tree-lined driveway, elevated with great privacy and solitude (yes it will need maintenance).
There is a large older shed that has great storage and a commercial-sized glasshouse (with power and water) for year-round self-sufficiency (supply the neighbourhood with organic veges and free-range eggs).
Other options include land banking for future development or building a new home on the 5 acres (approx. 2.125 hectares) while living in the original bungalow.
Sound like a plan? Call Philip to discuss.
Please note: Land and Floor area measurements are approximate, and boundary lines indicative only. All efforts have been made to source accurate information from reputable sources (i.e. Regional/City councils, Property-Guru, Core Logic etc). We cannot, however, verify its accuracy and suggest this should not replace independent clarification through standard due diligence.