Huge potential for multi-purpose living
It’s unusual to find a property that presents an opportunity with a difference such as this. Homes with development potential tend to either come as a do-up, starting from scratch; or finished completely – leaving nothing else to do. It’s fair to say that this home sits somewhere in the middle. It has already been stripped out for starters. It just hasn’t been finished. And that’s where the opportunity lies. Actually make that opportunities; plural.
Offering a large, two-storey house, solid construction – one that allows various scenarios for multi-purpose living. Consented for the present layout, framing allows two separate accommodations on the ground floor and a three-bedroom home upstairs. With the vendor involved in the building industry, the work thus far has been completed to a high standard. Downstairs is planned around a twobedroom, one-bathroom residence with open-plan living. The second area involves a one-bedroom, one-bathroom unit – possibly suited to an Airbnb. The plan upstairs was for the main threebedroom home. This includes a large, ensuite master bedroom with walk-in wardrobe, a possible fourth bedroom or media room, together with open-plan living that opens out to a huge patio area above the double garage.
Harcourts’ Chris O’donoghue says, while the plans as they stand have consent to proceed through to completion, there is wiggle room to play with the layout – subject to variations being submitted and approved by council.
The original aim was to have a spacious family home upstairs and enjoy rental income from the two accommodation areas below. While that may be the obvious pursuit, this property offers an opportunity for blended families to come together, share their lives, while enjoying the freedom of living independently. It wouldn’t be hard to change the downstairs layout into a larger, single residence. Or, keep the idea of a 1-bedroom Airbnb and earn income.
Being stripped back to its bare bones, the house is certainly not hiding any unseen issues. It’s solidly built – brick and block construction, concrete flooring on the lower level, and original timber flooring upstairs. Polished and restored, it would meet today’s trend for practical hard flooring. The sky’s the limit with this property – particularly looking at the outdoor flow on the upper level and the patio’s connection with the garden.
Zoned for Otonga School and near recreation and nature, potential plus is an understatement with this property.