15 Moray Crescent, North Bendigo, VIC, 3550, Australia

For those seeking an opportunity to add value to their next property through renovation, this 1950’s weatherboard is an absolute must for you to inspect.

The location is one of the best you’ll find on the outskirts of the CBD, within close proximity to the Bendigo Hospital and a very easy commute into the city center. For those with leisure as a priority, it’s walking distance to the Tyson’s Reef Hotel, Lake Weeroona and The Boardwalk Bendigo Café, and has rear gate access directly onto the O’Keefe Trail.

The house would benefit from a full renovation, with scope to create some significant equity as a result, making it the perfect opportunity for a first home buyer looking for an affordable entry and a good head start in their property journey, or for a more commercial transaction with some potential for healthy profit margins.

The house itself is fairly typical of its era with three bedrooms, a formal lounge at the front, one bathroom, and kitchen/dining towards the rear of the home. There’s a lean-to area at the rear of the home as well where you’ll find a separate toilet and a sunroom, with some fantastic scope here to renovate under the current roofline and capitalize on the space available to better suit your requirements. There’s hardwood floors throughout that would make a beautiful feature once sanded and polished, and the house itself seems reasonably sound on a structural level, just waiting to benefit from a cosmetic makeover.

Outside, there’s a large shed with concrete floor that has drive-through access and plenty of space to extend the home (STCA) or for a great family backyard. The property is surrounded mainly by owner-occupiers, some whom have been in the area for decades, and others that have already seen new families move in and take care of gorgeous renovations. Being such an affordable property within such close proximity to the CBD, it’s likely this one will be popular – don’t hesitate to call Shane to register for the next open home.