Property website: www.28margaretstreet.com

An excellent location in the heart of Newtown gives this two-level terrace enormous lifestyle appeal. Creative buyers will immediately recognise the excellent value that accompanies this outstanding renovation opportunity that is situated within a short stroll to King Street’s host of cafes, dining and transport options.

The interiors are tired and worn out and definitely in need of an upgrade or complete overhaul. The generous floorplan includes a large lounge and dining space, a gas kitchen and a third bedroom that lies beyond the bathroom. Upstairs bedrooms include one with access to a front balcony plus there is roof space that could be used for storage. At the rear is a good sized, yet overgrown backyard that includes a paved area and external laundry.

First time buyers, renovators and investors will be impressed by this property’s superb position and endless promise to update, redesign and capitalise on such a prime position.