Properties like this are a dying breed, seldom seen in today's fast-paced real estate market. This remarkable home has stood the test of time and has survived more than half a century without any subdivision or development. Ignore the CV- the owners are on the move and instructions are clear.
Built in the 1960s, this quaint timber bungalow offers a rare opportunity to renovate, modernise, and add value while preserving the timeless character and quality craftsmanship of its era. Imagine your day-to-day living flowing to the massive backyard, one that's flat, safe, fenced, and perfect for pets and kiddos to explore freely.
Situated on a substantial 809m2 freehold, road-front site, this property is a standout in today's market. With its spacious, flat terrain, it evokes a sense of nostalgia while holding immense potential. Current development restrictions create a golden opportunity for homebuyers to secure prime land without fierce competition from developers-positioning you for future capital gains. Zoned mixed housing urban with both stormwater and wastewater onsite at the rear of the property, this makes future development ideal for those savvy people looking to secure a prime piece of real estate. Consider the $1.5M CV assigned during peak developer interest. While your purchase price will be nowhere near that, it underscores the long-term value of this land when the market heats up again.
Rarely found in this price range, the property boasts a generously sized single garage. With minimal effort, it can be reinstated as a traditional garage with the addition of doors, or you can embrace its versatility and transform it into a home office, studio, gym, playroom, or the ultimate hangout space for kids. The choice is yours!
Conveniently located, this property ensures quick access to Lincoln Road, Pak'nSave, the North-Western Motorway, and public transport. Families will appreciate the proximity to multiple schools within walking distance. Plus, with Lincoln Road's planned widening and upgrades, the value of this location is set to soar.
This is your chance to make a savvy investment-choosing an irreplaceable asset over cookie-cutter townhouses. Secure your family's future today. Call now or visit one of our open homes to explore this exceptional opportunity.