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You need to be an experienced renovator, builder. or a land buyer. Costings have been assessed around $200,000 to repair and update. Due to the scope of works, mortgage companies are requiring a larger deposit and evidence of funds to repair should housing loan be applied for. Yet this is being sold at land cost, whereas as a land loan, followed by construction has no such problems.
Perfect position, elevated outlook and a flat front section. Developers may like to know it is zoned R2 and a land size of 607 sq metres.
The home did have a certificate of compliance issued in September 1971
Location is a quiet street within a short walk to Springwood town centre shops, cafés, train station, Library, pre-school, after school care, and local public school. If your talent is a builder or experienced renovator this rare opportunity to create a convenient lifestyle property is not to be missed.
This 3 bedrooms old cedar-clad home presents an opportunity to renovate or rebuild and secure an enduring lifestyle.
It is set on the high side of the street on approximately a 670 m² block. Ideally placed within walking distance to all Springwood village amenities.
* Flexible floor plan the home requiring major renovation skills
* Timber pine floor on the upper level is also under the excising carpet in the bedrooms
* Spacious light-filled living room includes split system air con
* Op0ening from the living room is a generous dining
* Spacious functional kitchen
* 3 good sized bedrooms
* Main bedroom has split system air conditioning and opens to the front deck
* Spacious central bathroom has a bath separate shower, toilet, and vanity
* Internal laundry
* Rear deck
* Under the home, there is a separate entry opening into two-room work from home opportunity, office or craft room and under home storage area
* Two car accommodation
Please note: major water damage to part of the gyprock ceiling in a section the living room
Verbal only estimates of demolishing have varied from $25-$38,000
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