A solid investment in a sweet spot near Mitcham Square and Scotch...

8 Price Ave, Lower Mitcham, 5062

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Contact for PriceFor Sale
  • Ownership Type House
  • Property Area 570 sqft
  • Bedrooms 2
  • Bathrooms 1
  • Furnished No
  • Last Updated 11th Feb, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Carport: 2

Property Overview

Standing on a parcel of land that hits the sweet spot between spacious and easy, this C1963 solid brick home represents great value as a set and forget investment with happy tenants in place - and an exciting chance to develop down the track, just a walk from Mitcham Square and Scotch College. <br/><br/>Offering privacy behind a high fence, this comfy no-frills home serves up two main living zones to go with its nicely sized bedrooms, polished timber floors, high ceilings and efficient split R/C. <br/><br/>With a carport and a huge rear powered shed that could be lined and converted into a studio/games room or teenage retreat, it's no surprise the existing tenants are more than willing to stay on, currently paying $420/week. <br/><br/>Keep the status quo and you have the luxury of time to plan the next move, whether this is the renovation project you've been looking for or, more likely, a chance to build something special from the ground up. <br/><br/>And what better location than Lower Mitcham, just 15 minutes from both the CBD and metro coast. A sweet spot, indeed. <br/><br/>More to love:<br/><br/>- Long term tenants with the option to extend lease if you wish <br/>- Off-street parking for multiple cars <br/>- Efficient split R/C <br/>- Solid brick construction <br/>- Huge powered rear shed with concrete floors <br/>- Storage includes built-in robes to both bedrooms <br/>- Bath tub and walk-in shower <br/>- Separate laundry <br/>- Moments from Scotch and Mercedes Colleges <br/>- Walking distance from Mitcham Square, Cinema and public transport <br/>- And much more. <br/>

Location on Google Map

8 Price Ave, Lower Mitcham, 5062

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