Brimming with superb potential and positioned in a desired walkable setting, this single-level home is the perfect entry point into the market with added appeal for investors! Boasting excellent flexibility with a self-contained granny flat and set on a generous block with favourable zoning, it offers exciting future development potential, while also delivering immediate live-in or rental appeal!
Features Include:
- 810m2 block
- Ideal entry-level opportunity with strong investor and/or developer appeal
- Single-level layout with spacious living, dining and huge multi-purpose room
- Well-equipped kitchen with quality appliances and ample bench/storage space
- Three carpeted bedrooms; one with built-in storage
- Central bathroom with spa bath
- Separate laundry, alfresco patio, large rear shed and single carport with side access
- Self-contained granny flat for multi-generational living or dual income
- Detached granny flat includes open-plan living, full kitchen, bedroom, office & bathroom
- Tenants already in place - perfect for a buy-and-hold investment
- Renovation and flip potential with solid structure and flexible layout
- Medium Density Residential zoning offering exceptional development potential (STCA)
- Walk to Ferny Grove State High, Ferny Grove State School, shops, dining, park, bus and train
- Offering both immediate rental return and long-term capital growth potential
Laid out over a single-level, the main residence opens into spacious living and dining with easy connection to a huge multi-purpose room. Air-conditioning flows through into a well-provisioned kitchen, offering plenty of storage, quality appliances and generous bench space in a handy U-shaped footprint.
Three comfortable bedrooms are carpeted with one including built-in storage. They are each well-serviced by the central family bathroom, laid out in an original, well-kept design with the inclusion of a spa bath. Additional features include a separate laundry, alfresco patio, large rear shed and single carport with side access.
Superbly appealing to those accommodating multiple generations or wanting to enhance rental income, there is a detached granny flat privately positioned at the rear of the property. Open-plan living and dining connects to a full sized kitchen with handy storage and a freestanding cooker, whilst a bedroom, office and bathroom are also on hand.
Ideal for a buy and hold strategy with tenants already in place, there is also superb opportunity to renovate and flip! In addition, with an 810m2 block and Medium Density Residential zoning, this property delivers further development opportunity with a rare combination of current income potential and long-term growth!
Sitting at the edge of extensive amenity, you can embrace the perks of a fabulous walkable lifestyle knowing that primary school, secondary school, shops, dining, parkland, bus and rail are all within easy strolling distance! With its dual-living configuration, generous land size, and future development scope (STCA), it presents an unmissable opportunity for those wanting to enter the property market, investors seeking a set-and-forget portfolio addition, smart developers, or renovators wanting to unlock serious value in a thriving, high-demand location!
Location Snapshot:
- 210m Ferny Grove Train Station/Ferny Grove Tavern
- 300m Ferny Grove State High
- 500m local shops and dining
- 600m Ferny Grove State School
View more
View more
