23 Fidge CrescentBreakwater VIC 3219
Property Details for 23 Fidge Cres, Breakwater
23 Fidge Cres, Breakwater is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 577m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (January 2023)
Built in an era when homes were made to last, the concrete stumps, hardwood sub-floors and frames will go a long way to ensuring the foundations of this home withstand the tests of time.
Any good property decision should represent good potential for capital growth, options for adding additional capital value through potential improvements and for pure investment, a strong yield potential.
This property offers all three!!!!
Located in a family friendly, quiet established neighbourhood, the home is 5 minutes to the CBD, walking distance to schools, sports reserves, Bellarine rail trail and Tafe, whilst the gorgeous Barwon River walking/cycling tracks are just over 1km away. Having all of this infrastructure on your doorstep will ensure strong capital growth potential for years to come.
Beyond the attractive facade boasting beautiful native plants and balcony,
the home is well presented and comprises 3 generous bedrooms, central bathroom, separate toilet and laundry, kitchen/meals area and living room with gas heater and air conditioning.
Hardwood floors are throughout the main traffic areas. Having a 577m2 (approx.) allotment also lends itself to further extensions if desired (STCA).
These attributes provide huge opportunity to improve the capital value.
Additionally, given the affordable level of the property and high leasing demand in the area, the yield is strong ensuring good initial return on investment.
The current tenant has been there for 10 years and is on a periodic lease providing ultimate flexibility for the new purchaser.
A carport, additional car space off street, secure yard at the rear and garden shed complete this home.
The opportunity and value on offer here can not be denied. Call Dion on 0424 940 629 to learn more.
Property History for 23 Fidge Cres, Breakwater, VIC 3219
- 24 Nov 2022Sold for $515,000
- 07 Oct 2022Listed for Sale $515,000
- 07 Jun 2012Listed for Rent $270 / week
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About Breakwater 3219
The size of Breakwater is approximately 3.1 square kilometres. It has 7 parks covering nearly 32% of total area. The population of Breakwater in 2011 was 1,059 people. By 2016 the population was 1,030 showing a population decline of 2.7% in the area during that time. The predominant age group in Breakwater is 20-29 years. Households in Breakwater are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Breakwater work in a trades occupation. In 2011, 62.4% of the homes in Breakwater were owner-occupied compared with 60.8% in 2016.
Breakwater has 1,108 properties.
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