The equation E=mc2 changed physics forever. When it comes to property, the equation Location, Value, Room to improve value (LVR) = opportunity not to be missed, is most important.
This property fits this equation! Located in the most sought after area of Wellington ticks the first box. This property is priced below $200,000 in an area of town with some homes priced in excess of $500,000. This ticks the second box. The third box is for room to improve the value. This is reflected in the average price of homes in this area of town, which is over $300,000, leaving plenty of room to improve this property without being above the current market.
There is also a bonus here... and that is the size of the block, which is a massive 1600 m2. The average block is around half this size, so this is a massive bonus.
Features include 3 bedrooms, open plan kitchen & dining area, separate lounge room, back sunroom, natural gas connection, ducted evaporative air conditioning and second air conditioner in the kitchen wall. This home is currently renting for $235.00 per week and the tenants are happy in this neck of the woods and would like to stay on long-term.
For further information call Sterling Turner 0429 619 478