There are so many reasons to appreciate the advantages of this attractive, well-located cottage – and stacks of easy ways to add value.
All it needs is a bit of spit and polish to shine and become a comfortable family home or rental. But for owners prepared to spend a bit more time and a modest extra investment, it would be easy to modernise for greater rewards and even subdivide the land and capitalise to offset the purchase price.
This potential treasure is a sound and neatly presented 1960s timber-framed fibro and tile home on an 834sqm block, directly opposite an excellent primary school and only five minutes’ drive from the CBD.
It still displays the original jarrah floorboards, and the work has already been started with new stumps, fresh décor and an updated kitchen.
The front door is sheltered by a covered patio leading through to a sunroom or playroom.
This opens onto the lounge, with windows on two walls and gas heating, then a central hallway accessing the three double bedrooms to one side and the kitchen and meals area on the other.
With air conditioning, good cabinetry, gas cooking and space for a dishwasher, the kitchen is in good shape and just needs a finishing detail or two.
Behind the kitchen is the wet area of shower room, toilet and laundry, and another versatile room ideal as a hobby room or guest bedroom.
At the back is a sizeable undercover patio overlooking the fenced back yard, which has vehicular access to the freestanding lockup shed and open carport.
Mostly in grass, the yard could be enjoyed as a terrific playground for kids and pets, or subdivided, with appropriate local authority permissions, and sold or developed.
A gas hot water system, security screens and connection to mains sewerage are other benefits.
With family amenities nearby and certain appeal to owner-occupiers or tenants, it’s sure to be snapped up by an astute buyer in the market for a cheapie, either to live in or do up.
What you need to know:
- 1960s fibro and tile cottage
- 834 sqm block – suitable for subdivision
- Five minutes from Albany’s CBD
- Directly opposite primary school, easy access to amenities
- Jarrah floorboards
- Lounge with gas heating
- Sunroom or playroom
- Front and rear patios
- Good kitchen/meals with air conditioning
- Wet area – shower room, laundry, toilet
- Three double bedrooms
- Guest room or hobby room
- Freestanding lockup shed and carport
- Grassy back yard
- Excellent potential for adding value
- Council rates $1,868.70
- Water rates $1,463.12
This property at 48 Admiral Street, Lockyer is a three bedroom, one bathroom house sold by Tommie Watts at Merrifield Real Estate on 19 Aug 2022.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Lockyer or see other recently sold properties in Lockyer.
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