50 Forbes Street

Swansea NSW 2281

HUGE NEARLY 900M2 BLOCK ONLY 125M FROM THE LAKE OFFERING DUAL LIVING UP & DOWN.
NEGLECTED AND A LITTLE UNKEMPT, BUT WITH SOLID BONES, THIS HOME IS DEFINITELY A RENOVATE OR DETONATE PROJECT, DEPENDING ON WHEN YOU WANT TO MOVE IN OR IF YOU PLAN TO RE-BUILD.IF YOU'RE BUYING FOR LOCATION AND LAND SIZE, THEN THIS PROPERTY OFFERS BOTH IN ABUNDANCE! THE LAKE IS ONLY A FEW HOUSES AWAY AT THE END OF THE ROAD WITH SWANSEA CHANNEL AT THE OTHER END OF THIS QUIET AND FLAT STREET. OFFERING A WHOPPING, ALMOST 900M2 NORTH FACING, LEVEL BLOCK, IT'S EASY TO PICTURE A FUTURE: BIG, SINGLE LEVEL, NEW HOME HERE WITH LARGE SHEDS OUT THE BACK, JUST LOOK AT WHAT THEY'VE BUILT NEXT DOOR AT NUMBER 48 FOR EXAMPLE.UNTIL THEN THOUGH WITH A LITTLE WORK THE EXISTING HOME COULD POSSIBLY BE LET OUT AS 2 FLATS, EACH BEING FULLY SELF CONTAINED, GENERATING MORE POTENTIAL INCOME THAN MOST ONE RESIDENCE PROPERTIES AROUND HERE, HELPING PAY YOUR HOLDING COSTS IN THE MEANTIME AND ALSO MAKING THE HOME A SOUND INVESTMENT PROPERTY DURING YOUR WORKING LIFE.IF YOU'RE KEEN TO BUILD YOUR SHEDS NOW AND LEAVE YOUR BOAT SAFE AND SECURE ON SITE WHILE ALSO POTENTIALLY COLLECTING 2 LOTS OF RENT, THERE'S A TON OF BACKYARD LEFT AND SIDE ACCESS TO ITTOO!A DECEASED ESTATE, THE ELDERLY OWNER HAD BEEN LIVING DOWNSTAIRS IN THE FLAT THAT USED TO ACCOMMODATE HIS GUESTS. THE FLAT OFFERS OPEN PLAN LIVING OFF THE KITCHEN, WHICH OPENS OUT TO THE BACKYARD AND A COVERED OUTDOOR AREA. A BEDROOM OPENS UP OFF THE LIVING, WHILE THE LAUNDRY AND BATHROOM COME OFF THE MAIN ENTRY HALLWAY.YOU CAN COME AND GO FROM THE FLAT WITHOUT DISTURBING THE UPSTAIRS OCCUPANTS AND A CAR CAN BE PARKED IN THE CARPORT IMMEDIATELY ADJACENT TO THE FLAT.EXTERNAL STAIRS ALLOW THE UPSTAIRS TENANTS TO COME AND GO FROM THE PROPERTY WITHOUT DISTURBANCE TO THE DOWNSTAIRS TENANT.ORIGINALLY SET UP AS OPEN PLAN LIVING OFF THE KITCHEN WITH 3 BEDROOMS AND A BATHROOM, THE ELDERLY OWNER USED UPSTAIRS AS 2 BEDROOMS, USING THE 3RD BEDROOM AS A SEPARATE SITTING ROOM FROM THE OPEN LOUNGE ROOM.VIEWS OF THE LAKE ARE AVAILABLE FROM ALL OF THE UPSTAIRS LIVING AREAS AND THE 3RD BEDROOM OR SEPARATE SITTING ROOM, AS WELL AS THE PARTIALLY ENCLOSED VERANDAH.TIMBER FLOORBOARDS LIE IN WAIT OF BEING POLISHED AND THE OLD VERANDAH BEGS TO BE OPENED UP AGAIN AND RETURNED TO ITS FORMER GLORY. A WRAP AROUND DECK WOULD LOOK AMAZING AND WOULD FURTHER LEND TO THE HOME'S QUITE BECOMING OLD QUEENSLANDER STYLE LOOK. THE MASTER BEDROOM FEATURES A BUILT IN ROBE TOO. WHILE A SEPARATE GARAGE WITH EXTRA SHED SPACE BEHIND PROVIDES EXTRA PARKING IN ADDITION TO THE ALREADY MENTIONED CARPORT. WITH SOLID BONES AND PROMISING LOTS OF POTENTIAL, IT'S AMAZING WHAT A BIT OF PAINT AND TLC WOULD DO TO THIS POOR OLD UGLY DUCKLING AS SHE IS NOW. DO YOU HAVE THE SKILLS AND VISION TO TURN HER INTO THE SWAN SHE DESERVES TO BE?OR ARE YOU THE ONE WHO WILL MILK HER FOR ALL SHE'S WORTH NOW AND THEN TAKE ADVANTAGE OF HER LOVELY LOCATION AND BIG LAND SIZE AND KNOCK HER DOWN LATER ON TO BUILD YOUR DREAM HOME INSTEAD? OPPORTUNITY KNOCKS........