2 Rosewarne Avenue, Cheltenham VIC 3192

This property will be available for private inspection during the times advertised. It is a requirement for buyers to pre-register before attending any inspection - please contact us to arrange this.

An impressive piece of real estate in an increasingly desirable, fast-regenerating and well located Cheltenham pocket, this perfect bayside entry home, investment or potential new redevelopment (STCA) really does cater to it all.

A rare 798sqm (approx) land parcel is more than enough ground for all, and with its extraordinary potential to bring the existing home up to speed through renovating and extending into some of that backyard, completely rebuilding - OR, subdividing and redeveloping this huge block into multiple dwellings (STCA). It goes without saying just how rarely an affordable property of this proportion becomes available to the market.

An extra-wide 17.5m (approx) street frontage by 45.3m (approx) deep building canvas to play with and a variety of opportunities to explore. The home is set well back off the street and offers dual driveways - a single garage and potential for side access.

Although a little dated on the surface, the home is straight and solid, has been well looked after and updated along the way and is certainly able to accommodate you or your tenants immediately.

Quality updated carpets, ducted heating throughout, plenty of storage, a neat bathroom with a bath and shower, separate laundry, and a functional kitchen with a dishwasher. Two large bedrooms with built-in robes, a large lounge and dining room and a central raised porch between the lounge and main bedroom to capture the north-facing sun. Then there's the extensive outdoor space front and back, the grand potential for entertaining and the good old-fashioned Aussie backyard!

Bus stops around the corner, close to Friendship Square park, playground and kindergarten, fantastic local shops including Frank's Cafe, Le Page Park and Le Page Primary School nearby. Within an easy walk to Cheltenham Secondary College, Westfield Southland, Charman Road and the train station.

It's all here: a solid foundation, endless possibilities and immeasurable potential! Potential rent: $400 per week.

PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
* Photo ID required at all open for inspections