254 Jones Road, Somerville VIC 3912

$620,000 - $680,000

3 beds

2 baths

3 parking

The Brief: Ripe For Reno – Subdivision Potential

*INSPECT AT ANY TIME BY APPOINTMENT*

First time offered for sale in 40 years is this original, humble home ready to be transformed. Positioned in a convenient location within a short walk to all that Somerville has to offer makes this an appealing opportunity for the spirited renovator or developer.

We agree the home does need immediate attention; how much or how little is totally up to you. Despite being all original, structurally, it seems to be fine. Providing 3 bedrooms with built-in robes, 2 bathrooms and original basic kitchen all in need of repair/renovation, a meals area, and a spacious front lounge.

The land is reasonably flat, with a 7m side access and no known easements to contend with, presents a fantastic opportunity for subdivision (S.T.C.A). There is a double carport and a steel garage/shed with power and concrete floor positioned at the rear of the block.

Homes of this size on similar land proportions (785sqm) are easily selling for high $700s, and if renovated well into the $800s – this is a solid investment opportunity not to be overlooked- you won’t go wrong!

Disclaimer: At Area Specialist, we strive to provide accurate and honest information about this property. However, we rely on information provided by the Vendor, their legal representation, and other property sources, and therefore cannot accept any responsibility nor guarantee the absolute accuracy of the information. We advise all potential buyers to conduct their own due diligence and seek independent advice before proceeding with any property transaction.

Property Details

• Type: House
• Bedrooms: 3
• Bathrooms: 2
• Ensuites: 1
• Toilets: 2
• Garage Spaces: 1
• Carport Spaces: 2
• Land Area: 785 m² (approx)

Features

• Built-In Robes
• Floorboards
• Shed