4 Rae Street, Ironbark VIC 3550

A good location is always the first rule of buying real estate when looking for future growth or possibilities! With land value through the roof, it's getting harder to find a decent property at an affordable price this close to the city centre. So when one comes along with this much potential coupled with an attractive price tag, you had better move fast to capitalise on your future nest egg before someone else does!

Suited to a range of buyers including investors, first home buyers and singles alike, the property is perched in an elevated position in a lovely street, an easy stroll to the shops, parks, cafes and restaurant culture that the CBD is renowned for. Currently leased to excellent tenants at a solid return, or available with vacant possession, the choice is yours to rent or occupy in the short to medium term then extend or develop STCA on the future.

A simple floor plan lies beyond the cottage façade. Two carpeted bedrooms, both with built in robes, a cosy central lounge with open fire place, timber kitchen and meals area at the rear along with a three piece bathroom complete the internal layout. Externally is a second toilet and laundry/wash house. A lovely paved courtyard offers an outdoor space, whilst the large allotment offers a view to the Cathedral and is prime for redevelopment in the future STCA.

An opportunity not to be missed with an affordable price tag, this is the perfect nest egg for the future, or worthy addition to your investment portfolio. Call now to arrange an inspection!