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10 Oak Close,
Lakewood
Auction
A Real Fixer Upper
Discover untapped potential at 10 Oak Close, Lakewood. A builders' and developers' delight, as well as a veritable goldmine for the astute bargain hunter. This three bedroom, 1.5 bathroom house stands on a vast 1050sqm parcel, ripe for rejuvenation or redevelopment in this increasingly sought after locale.
While the house currently requires a fair share of love and attention, its solid bones and available building and pest report provide a reassuring starting point for those with the vision to restore or transform.
Savvy investors will note the significant potential on offer. With dual access from both the rear and the side laneway, the possibilities for renovation or extension are vast and varied, limited only by one's imagination.
Convenience is at your doorstep; situated merely 250 metres from the medical centre and local coffee shop for your morning caffeine fix, and a brief 350-metre stroll to Woolworths for your daily essentials, this location offers the perfect blend of tranquillity and accessibility.
Once the necessary works are completed, this property promises to be a highly lucrative rental opportunity, tapping into Lakewood's growing market.
Off street parking for two vehicles adds to the convenience, while the sizeable landholding presents an exceptional chance to capitalise on the existing structure or pave the way for a new chapter.
For those poised to take on a project, 10 Oak Close presents a remarkable opportunity. Don your creative hat and seize the chance to craft something special in the heart of Lakewood.
Note: Property is being marketed in conjunction with Professionals Lakewood Mark Whatson.
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee it's accuracy. Prospective purchasers are advised to carry out their own investigations.