Located in an impressive position in the much sought after Pennydale precinct of Cheltenham, this perfect bayside entry home or investment is amongst it all. Within less than a 15-minute walk to absolutely everything in the immediate area including Southland Station and Westfield Plaza (10 mins), Cheltenham station, Charman Road strip, Cheltenham Park, multiple golf courses, Cheltenham Primary and Cheltenham Secondary College zoning.
This mostly original 3-bedroom home on 625sqm (approx.) is your way into this fast-selling, increasingly inflating hotspot before you're priced out for good. With the ability to cater to a variety of buyers' needs, it goes without saying just how rarely a Pennydale property this affordable, of this proportion, becomes available to buyers.
The property has real possibility for the investor, first home buyer, renovator, or those looking for the perfect site to build their dream home. With a 15.3m street frontage by 41m (approx) building canvas to play with, a variety of opportunities is there to explore.
For investors or home-buyers, the property, although a little dated on the surface, is certainly able to accommodate you or your tenants immediately. It is straight and solid and has terrific bones and foundations, currently with a tenancy in place.
Original detailing, ducted evaporative cooling, three large bedrooms with robes, bathroom, separate toilet and laundry, functional original kitchen, L-shaped lounge and dining room and a large separate rumpus/games room out the back; or a 3-car garage/workshop, plus a shed. Then there's the extensive undercover entertaining areas front and back, and the good old-fashioned Aussie backyard!
Whether you plan to renovate what's already here, wipe the slate clean and rebuild, or redevelop the site (STCA), just don't miss your opportunity by being one of those buyers waiting for the market to turn!
** Online bidding is available for this auction - it is via the GAVL app. If you are bidding, please contact Kevin or Nakita to discuss this once you have inspected the property. GAVL offers buyers the opportunity to watch and bid in real-time **
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
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