An opportunity to capitalise on the future profits in the Mulgrave residential market has become available. This home is a perfect renovation project for that astute and experienced Renovator/Investor, who can visualise what potential this property has to offer. This property is not for the weekend, DIY renovator, but for an experienced buyer whos up for the challenges this property presents. The property offers a basic floor plan of three ample bedrooms, an open lounge room, an average sized kitchen, a separate bathroom and a laundry. Situated on a good sized allotment of 650 square meters approximately, and within walking distance to Albany Rise Primary, the local Milk Bar and public transport, makes this an ideal location. So grab your chance to buy the cheapest house in Mulgrave.