This home is a great opportunity for the astute investor. It needs some TLC and updating, hence the price. Its mostly cosmetic work that is required. The floor and walls are in quite good condition. The land fronts two bitumen roads and is large enough to subdivide. A few of the neighbours have already subdivided and the council are open to the subdivision.If you put a small house on the other block, you can earn somewhere between $50k to $90k profit or if you rented both houses out, the site would become slightly positive geared from day one if you borrowed 80%.We've done the numbers on this and will pass them onto you upon request. We wish we could do it ourselves as we planned but we haven't got the funds and we left the area to take a job in Qld.Features include:2 Large bedrooms plus verandah room/3rd bedroom2 Living roomsCrown No 5 combustion stove in kitchen. Air conditioning and wood fire in living area.Down lights in living areaHeat pump hot water system.Original timber internal wallsDeal directly with the owner when using this service.