52 Peg Leg Road, Eaglehawk VIC 3556

Situated on the edge of the bustling Eaglehawk township is this classic weatherboard home and granny flat; set on a sizeable 1012m2 allotment that offers coveted dual street access to Peg Leg Road and Honeysuckle Street at the rear. Presenting a fantastic opportunity for a discerning buyer to capitalise on its potential, the property offers genuine versatility for investors and development scope (STCA) for those with an eye for possible profit.
The large block has been configured to allow for possibilities into the future. Two vacant dwellings occupy a single title, one facing each street respectively meaning all of dual occupancy, subdivision and further development remain possible options (STCA). Or, hold for now after some cosmetic updates and gain a possible two rental incomes - the choices are there!

The main house appears in good structural order, but will benefit from a decent cosmetic makeover in order to gain a rental income whilst you figure out what to do in the future. A relatively straight forward renovation would ensure it meets current minimum standards for a tenant or make an extremely tidy home for an owner occupier to enjoy. Its floor plan is deceptively spacious, and features two large bedrooms, spacious carpeted lounge with split system unit, original kitchen and adjoining dining space, bathroom and separate toilet, huge laundry (big enough to covert to a third bedroom), and expansive enclosed sunroom at the front of the home. Off street parking is plentiful thanks to a driveway to the side of the house that leads to the rear yard, where two carports and a large lock up shed with concrete floor await.

The smaller second dwelling at the back is also in need of an update, but is comfortable for now with a few minor repairs. Featuring open plan kitchen, dining and living, single bedroom with ensuite, and its own driveway and carport, this compact little home is the alternative to living in a crowded unit complex and could provide a possible extra or second income, subject to current tenancy laws.

So much scope within walking distance to local amenities including the Eaglehawk town centre and the Aldi supermarket. The options are laid out and a simple inspection will have any shrewd buyer thinking of the possibilities. Opportunities like these don't come along too often. Call now to enquire further or book a viewing