This well-maintained home, offered to the market for the first time in over 30 years, presents an incredible opportunity for those with a vision and a desire to create something truly special. With endless potential for renovation and value-adding, this solid family residence is an ideal project for those seeking to make it their own.
Boasting a prime position in a peaceful pocket of Lota, overlooking Cox Park this home will appeal to downsizers and first-time buyers looking to enter the thriving Bayside property market, as well as investors seeking to expand their portfolio.
The size of Lota is approximately 2 square kilometres. It has 12 parks covering nearly 28.1% of total area. The population of Lota in 2011 was 3,254 people. By 2016 the population was 3,248 showing a population decline of 0.2% in the area during that time. The predominant age group in Lota is 40-49 years. Households in Lota are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lota work in a professional occupation. In 2011, 67.9% of the homes in Lota were owner-occupied compared with 71.5% in 2016.
Lota has 1,327 properties.
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