2 Pyke Drive

Gladstone Park VIC 3043

Completely original, this one-owner home offered with vacant possession has excellent 'bones' and scope for cosmetic improvement/extension. A classic 3 bed/1 bath offering with spacious L-shaped lounge/dining and larger than normal meals/family area off the kitchen.

Features include gas heating, evaporative cooling, hardwood floors under the carpets and available NBN.

With plenty of land spread across the front, step out back to a slightly more compact rear yard with spacious lock-up tin garage.

Let's cut to the chase though, it's in the LAND where the true value lies. Measuring 554m2 (approx.) with excellent proportions across both frontages, this flat allotment lends itself to the construction of two large double-storey homes (STCA)...with re-sales potentially in the vicinity of $750,000-$775,000 per dwelling.

Only a small 2.44m x 2.44m sewerage/drainage easement (in the back rear corner, behind the garage) exists on the property.

The property's current rental potential would be in the vicinity of $380-$390 per week.

Super flexible Settlement terms of 30-120 days.

With such a plethora of options available, make sure you're at the Auction on 'Super Saturday' (7/4) with hand held high and a steely determination to make this 'position-perfect' property yours!

Price Guide: $525,000 - $550,000

Contact: Jason Padula - 0402 149 436