Yes it’s run down and yes it needs renovating however this is a wonderful opportunity for someone to purchase it now as a rental then develop and profit later on by building a duplex on this 650m² zoned Medium Density block which is located opposite Cleveland High School. The downstairs is built in with a bedroom/living/kitchenette area plus separate shower/toilet.

Because of its proximity to Cleveland CBD, the future potential is assured. No need to find tenants – the current tenant is on a periodic lease but would be more than happy to continue renting the property.

* Enclosed backyard
* Close to all of Cleveland’s amenities
* Kitchen updated several years ago
* Solid hardwood timber floors
* 3 Bedrooms, 1 Bathroom upstairs
* Downstairs bedroom with small kitchenette and shower/toilet
* 650m² with 22m frontage
* Multiple dwelling subject to RSC conditions
* Sensational opportunity