A house on a parcel in 8/LP4071 Torquay VIC. It has an estimated value of $1,110,000. In the local government area Surf Coast, featuring 6 bedrooms and 3 bathrooms.
Dual income opportunity! In the heart of Old Torquay, so close to all the action, this is 743m2 of possibilities, potential and promise. Currently zoned Residential 1 zone, the two separate dwellings are currently rental investments. The completely level site offers a number of options (STCA) - retain and land bank; restore and renovate; develop. The original 1960s weatherboard has many of its charming features still intact. There is scope to take advantage of the existing substantial floor plan that includes three spacious bedrooms and two large living zones. The second three-bedroom dwelling at the rear, is light and bright and offers overflow accommodation or the opportunity for additional income. In the immediate area you will find cafes, restaurants and shops. There is instant and hassle-free access to Torquay beaches, including a family friendly sheltered bay or a surf filled adventure playground. Extremely rare and always tightly held, properties like this demand immediate attention.