Finding suitable Building/Renovation projects in postcode 3015, is a very challenging activity.

Competition for this property class is high and, with the Median Price for a 3 BR house in Newport currently at $1,080,000 – consider 54 A Mirls Street Newport as a viable choice for your next property purchase.

With the option to demolish and start afresh or, to restore the house to its former glory, a buyer with energy and imagination is certainly welcome.

FEATURING:
- Two large bedrooms,
- Two light-filled living zones,
- Sturdy hardwood floors,
- Lofty ceilings & bay window
- External toilet and
- Large private rear yard

The real surprise is the rear Double Garage & adjacent Storeroom; serviced by a wide rear lane you can drive a truck through! Many locals use the lane to access their garages.

Your choice to update or extend, (STCA), is enhanced by the proximity to the cosmopolitan Newport shopping strip and thriving cafes, Newport train station, (7 stops to the CBD), the local Churches, Primary Schools and Kindergartens.

OTHER DETAILS:
- Zoned General Residential Zone – Schedule 1,
- 413 m2 of Land with a wide rear access; enter from either Derwent or Durkin Street
- Dimensions: (Street frontage 10.0m x 41.3 m deep)
- Local IGA is a leisurely 3 minute stroll
- Local Shopping includes Butcher, Routley’s Pie & Cake shop, 2 Fruit shops, Chemist,

Hairdresser, Pizza Train, Bottle Shop, 2 kid friendly Cafes and the famed “Sammys”,
- Recreation facilities abound, notably Bryan Martyn oval and The Substation,
- Kids would enjoy the Newport Library Hub and playground
- A 4 minute walk to the Newport station; (a rarity in Newport),
- Quick freeway access to the city. (Only 12.4 kms away).

HERITAGE OVERLAY UPDATE:
A Heritage Overlay does not apply at this end of the street.

SUBURB FACTS: 2018 NEWPORT *
- 3-bedroom houses are renting from $575.00 per week approx.
- 3-bedroom houses across Newport are currently selling for over $1.2M approx.
- Newport’s 12-month growth rate was 13.88%.
- Newport’s median sale price is now $1.080 M (as at 30 June 2018).
- Since September 2017, Mirls Street had witnessed 5 property sales ranging from $880,000 to $1.005M to $1.20M to $1.567M and $1.630M.

Recently, the Townhouse at 56 A Mirls Street Newport sold for $1.275M.

* SOURCE: REIV “PROFILE FOR NEWPORT 3015” 28/06/18 (PROPERTYDATA.COM.AU)

The savvy buyer will soon recognize the financial windfall that this project would offer.

Call Theo Panay on 0406 62 1788 and let’s meet at the property to explore the potential!