8 Wade Street

Investment opportunity - perfect for first home buyers!

This two bedroom weatherboard home on a large 854m2 block presents the best investment opportunity in Drouin. With planning permit application already lodged for a simple two-part subdivision (STCA), you have even greater options to make the most of your investment.

One option could be to continue on with the subdivision and sell the backyard off. Fund the renovation on the existing residence and flip it too.

Another option could be build a residence of your choice on the rear block while you live in the old one. Then sell or rent out the old residence when you move in the new one.

Or, don't do anything and keep your options open. Just enjoy the large spacious rear yard and improve the existing residence to your liking in your own time.

The existing home has all the essentials with timber hardwood floorboards, concrete stumps, built-in robes, electric cooking, gas hot water, central heating and a split-system air-conditioner. Needs a good update to modern standards.

Call Tom 0400 925 226 to arrange your private inspection

Property features

The particulars

Property type

House

Land size

850 sqm

Bedrooms / bathrooms

2 bedrooms, 1 bathroom

Parking

2

Region

West and South Gippsland

Agent

Tom Williamson, 0400 925 226

Listing ID

8c073905-7403-4eaa-af89-928559bf2417