Renovate or Re-Build - $1000000

Description

The original display home for Mar Lodge Estate, Situated on approximately 820m2 block with a beautiful internally updated 3 bedroom Californian Bungalow with period bathroom & corner spa, retaining all original features. Weatherboard construction with terracotta tiled roof with period brick archways to the front. Comfortable home as is with new substantial refrigerated cooling and heating system to cater for potential extension, large separate laundry, polished floor boards throughout, garage and long side driveway. Professional drawings completed for large 2 storey extension with 6 car garage or single storey extension with 20+ square basement. Soil testing and boundary alignment surveys complete. Secure 12 month lease with annual yield of $25,032. Giving the purchaser the opportunity to organize plans etc for master plan!