Back when I was a young bloke, the best way to get ahead on the property ladder was to buy a home that needed a little love, do some renovations, then eventually sell it off and move on to the next rung of the ladder. Sadly those days are largely behind us. The current generation loves to buy property with all the boxes already ticked. They donât have the time or the expertise or the vision to do the work, or to engage people to do it. But for those who are still a bit old-school, or smart buyers looking to jump ahead a few rungs on the ladder, opportunities do come along from time to time.
Hereâs a blank canvass ready for you to renovate and flip, with loads of profit potential. Sitting on a generous 802sqm (approx.) in âold Berwickâ, this brick veneer home represents an outstanding opportunity for the astute buyer willing to get their hands dirty. Yes, it needs underpinning (we have two quotes, it will cost $15k). Yes, itâs a daggy 70âs house that needs new bathroom, new ensuite, new kitchen. Rip up the carpets, polish the boards, put in some downlights and paint throughout. Do those things and youâll have a home that is worth a LOT more than you put into it.
Either that or do what lots of neighbouring lots have done, and demolish and build a brand new home. Either way, youâre on a winner here.
The current home features 4 bedrooms, 2 bathrooms and backs onto Arch Brown Reserve, in a quiet court location, zoned GRZ1. The heart of Berwick is just a short drive away and offers an array of cafes and restaurants, supermarket, banks, pharmacy and much more.
Properties with this many options rarely last long on the market, do not delay.
Statement of Information: https://s3-ap-southeast-2.amazonaws.com/documents.renet.cloud/coffsagents/10061365/listing/20127994/1151053/uploads%2F1542838295754-gz1odfi51e8-12ff65fbc8948a5680f28538086406cc%2FStatement+of+Information+-+4+Linton+Court%2C+Berwick.pdf