24 Lethebys Road, Sailors Gully VIC 3556

Come to where the blocks are big, the forest is close and the long-term investment potential is huge. Number 24 Lethebys Road is an almost-one acre property with an original goldfields miner's cottage at its heart. Land bank now and get ready for the next boom, on the fringe of beautiful Eaglehawk.

The cottage has been upgraded and updated over the years to present as a comfortable home, plus with the open-plan living we all love. The home is connected to all services including town sewerage.

The neat, corrugated iron façade, with classic front veranda, brings the cottage-style charm and overlooks a big front yard. The home opens to a central hallway, with exposed timber floorboards.

There are three bedrooms within, each with a ceiling fan, and some built-in storage. The bathroom has been updated to include a modern white vanity and titled shower.

The rear of the home opens to the living space, with a vinyl plank floor and split system heating and cooling. The kitchen has a 900mm freestanding stove with five-burner cooktop, a corner pantry and island bench.

A glass sliding door opens to an undercover entertainment space off the back of the cottage, with lovely views of the treetops beyond. There is also a 4kw solar system to keep those power bills down.

The huge block lends itself to potential subdivision, subject to council approval. Sewer is available to connect to, making the property even more attractive to a possible boutique development.

Lethebys Road is just a couple of minutes' drive from Eaglehawk's supermarkets, shopping strip, Canterbury Park and Star Cinema. All in all, a great place to nest and invest! Investors can look at an estimated rental income of $380 per week.