If you’re a builder, or just handy with the tools and paintbrush, this property offers a real chance to add value.

You could pick it up for a bargain price, do it up and either profit from your efforts, settle in and enjoy the lifestyle, or enhance your rental portfolio.

For well under $300,000 you get a brick and tile home with an 8.5m x 6m (approx.) shed-workshop, on a block of 791sqm with easy vehicular access and plenty of parking for big vehicles.

Though the home’s frontage is on Mueller Street, there’s a second driveway off Wolfe Road at the rear, where double gates open onto the back yard.

Inside, the home is dated and ready for renovation throughout. Replacing the kitchen and bathroom, fitting new flooring and redecorating would transform the place into a modern, comfortable home, and as the fabric and layout of the home are good, this could be a cosmetic job without major reconfiguration or building work.

Even so, the addition of a patio would enhance the living areas and the attraction of the property for families – and there’s plenty of space for one at the side or the rear.

The living areas comprise a lounge fitted with a tile fire, a dining area and an adjoining kitchen with gas cooking.

There are three bedrooms, two of which are doubles and the other a good-sized single. The bathroom has a bath, shower and vanity and the toilet is separate, off the laundry.

A few native trees screen the home from the road at the front, and the rest of the block is mostly in lawn. Gates at the back provide access to the shed-workshop, which has a roller door at one end, a concrete floor and power connected.

Another advantage of this place is its excellent location for both owner-occupiers and tenants. It is within a few minutes’ drive of the city and a major shopping centre, and within cycling distance of schools, TAFE and sporting facilities.

If you’re in the market for a reasonably priced property to do up and reap the rewards, you will recognise the potential in this pearler.

What you need to know:
- Brick & tile home
- 791sqm block
- Two-road frontage
- 8.5m by 6m (approx.) shed-workshop with concrete floor & power
- Fully fenced block mostly in lawn
- Three bedrooms
- Lounge with tile fire
- Kitchen with gas cooking
- Dining area
- Bathroom with bath, shower & vanity
- Laundry & separate toilet
- Linen cupboard
- Plenty of off-road parking for big vehicles
- Ramp to front door
- Close to schools, shops, sports, town
- Priced for owner to renovate & add value