12 Rae Street, Ironbark VIC 3550

Situated a short distance to the thriving CBD precinct is this affordable opportunity to take full advantage of the buzz surrounding Ironbark. Tipped as the next best thing in real estate, this is your chance to buy in at a little over land value, and secure your future now! Options are a plenty with this versatile little gem, and your hardest decision will be weather to owner occupy, lease or redevelop the property down the track.

Ready to live or lease immediately, the home sits on the high side of the road in a lovely elevated position, and is comfortable and in good order throughout. The floor coverings are as good as new, the paintwork is all done for a few years both inside and out, and there has been some improvements to the bathroom and laundry. In its current form, it offers two large carpeted bedrooms (both with BIR's), separate study, renovated bathroom, good sized central lounge, functional kitchen and meals area, renovated laundry, and split system heating and cooling. Outside is a double carport and a fully fenced, 513m2 (approx.) secure yard.

All in all, a very affordable opportunity for the medium to long term investor or home occupier such as a first home buyer. And for those with an eye to the future, the position makes it an attractive development proposition for an upmarket townhouse for you to downsize into in the future.