Hoon Hay

2a Victors Road


SOLD $316,000

AAA Investment! "As is, where is"

Being sold "as is, where is", this substantial 5 double bedroom home on a sought after corner site has true potential to be restored to its original glory, and will be a favourite among property investors. With the potential to subdivide or add a granny flat to the property, options extend far past "what you see is what you get".

The owners had plans to repair and refurbish, however their plans have changed, but have received designs and done all of the groundwork to bring the home back to a fully insured state. For your benefit, the consent application is to be paid by Cook Costello, and the following are all available for ease of work completion: Foundation repair report, Structural Assessment report and repair plans, quotes to repair foundation, quote to install new flooring and carpet, Lim and title, and current insurance details.

Situated within 819m2 of established plantings, this home has real opportunity to maximize your rental return, or create a family haven with all of your personal touches.

Key Details:
Floor Area - 150m2
Land Area - 819m2
CV - $425,000
LV - $185,000
IV - $240,000
Rates - $2,538.56 per annum
Land Zone Tc2
Year Built 1950's
Insured through Crombie Lockwood/VERO. Home cover Sum Insured for $154,200, and Full Landlord Cover
School Zones - Aidanfield Christian, Hoon Hay School
Bus Routes nearby 60 route to Southshore via City
Legal Description Lot 24 DP 16568

Nathan Najib

m027 514 0775