1 Cambridge Court, Tewantin QLD 4565

In one of Old Tewantin’s most coveted streets, this once grand home retains a regal air about her.

The first home to be built in the Riverview estate on Cambridge Court in the mid-1990s, it is nearly dwarfed by its multi-million dollar neighbours, underscoring the opportunity presented.

Her appearance may be a bit thread bare but the astute buyer will see that any expenditure on updating will be greatly rewarded.

See past her weathered exterior, the old tiled floor and faded carpets, and take in the voluminous crystal chandelier at the front entrance, the Bill Mackay painting on the living room wall, the ceiling height and beautiful area to appreciate the transformation a well-planned makeover would achieve.

A formal lounge sits behind a home office located at the front door, with rear windows overlooking the garden.

The adjoining kitchen and family room open to the covered patio and marvellous 12m lap pool.

Upstairs you will find a master suite that fills one side of the house with ensuite, oversized Juliette balcony, and dressing room. Three other bedrooms and main bathroom complete the upper level.

But it is the easy stroll of around 200m that will take you to the river’s edge to put the paddle board in the water, to stroll the river bank to the ferry, or to simply enjoy an afternoon glass of wine with the neighbours, that reiterates the power of location in real estate values.

Features:

* 12m swimming pool
* Crystal chandelier at entry
* Master suite includes large dressing room
* Solar power
* 200m walk to river bank

There is no doubt she needs some work, but with character features throughout, great bones and a picture perfect high-value neighbourhood, this is the restoration project for which you have been looking.

Loved by its current owners of 22 years, she won't disappoint in returning significant capital value for the investment you put into restoring her retro glamour.

To purchase, call Alex on 0412 635 274.