Originally constructed in 1966, "the year our currency changed from pounds and pence to dollars and cents", this solid brick and tile three bedroom home sits on a 753sqm corner lot.
Zoned R20/30, this is a duplex potential block which allows two street front lots of approximately 376sqm each, both big enough to accommodate 4 x 2 homes.
Location is terrific, with bus transport available and just a stroll to Belmont Forum.
This fantastic nest egg has the bonus of a great Tenant in situ on a fixed term lease until October 2017, so if you're thinking of putting in a subdivision application, you'll have a rent yield while you await your approval and have your plans drawn up.
The existing dwelling is very tidy and has been very well maintained so you can certainly hold on to this one if you're thinking of a longer term superannuation strategy.
If this sounds like the one you've been waiting for, contact us today to arrange an appointment to view.