3 Grenfell Avenue, Eaglehawk VIC 3556

This new Eaglehawk listing offers an affordable entry point into the market, with the added bonus of a big block.

Leave some funds aside to spruce up the three-bedroom home with new floor coverings and paintwork, and you'll have a great first home or investment.

The address is in a quiet area within 1km, or an easy walk, of the main street and the beautiful local lakes, adventure play space and parkland.

A classic Borough lifestyle is assured here, which is akin to living in a country town, with easy-to-access services, friendly faces and boutique shopping.

Enjoy the Star Cinema, the pubs and cafes and a variety of local schools. Eaglehawk Secondary College is just around the bend.

The vinyl plank weatherboard home has three bedrooms, a central bathroom and an open-plan living/dining/kitchen space.

The kitchen has a pantry cupboard and an upright gas stove. A sliding door by the dining space leads to a generous undercover deck. While also in need of some repairs, the structure is in place to create a great outdoor entertainment space this summer.

Ducted air conditioning and some ceiling fans feature, as does gas heating. A bonus studio space off the deck will suit the home hobbyist or resident teenager.

With three-bedroom rentals in demand, the convenient location of this property would also make it a valuable addition to the suburb's rental options.
How will you value-add to what's on offer?