At under $500,000 this solid brick home is positioned on one of Bellingen’s most sought after streets and is wonderful value. It offers additional income from the self contained space downstairs and gives the new owner the opportunity of selling 2 subdividable blocks and downsizing the property.
It is a simply magnificent position, showing excellent rental returns and there is development potential. With outstanding elevated views and outlook, this superb property offers over an acre of land complete with town services all within walking distance to the Bellingen CBD. The property is a well presented 3 bedroom home upstairs, self contained guest accommodation downstairs, a double garage and studio room.
The potential is to subdivide into 2 or 3 blocks (subject to conditions and consents, but it is within the Councils Urban Growth Strategy to be able to be subdivided.
This property overlooks the beautiful township of Bellingen and also has magnificent views over the valley and mountains.
The north facing residence sits perfectly in its surroundings of established shrubs and trees. In the acre of bird friendly gardens are flowering paper barks, grevilleas, magnolias, flowering waratahs, ivory curls, frangipanis and a beautifully sweet grapefruit – and more! It also offers priceless privacy!
The upstairs bedrooms have built in wardrobes, and the kitchen was created for someone who loves to cook and gaze at the view – all at the same time!
From the living, dining and entertaining space is a glorious, spacious deck overlooking the mountains and opening out onto hardwood verandas. This is a superb al fresco entertaining and dining area.
The king size master bedroom captures clear natural light, exciting views and is privately set away from the living areas of the house. The covered deck provides shade from the morning sun and rain and is more like a reading alcove.
The clever use of ceiling fans and windows throughout means fresh air is circulated everywhere in the house. And the orientation of the house means the north-easterly sea breezes are captured perfectly.
Last, but not least, is the large double garage and workshop area with a pathway back to the house.
A solar hot water system keeps your power bills down and provides you with immediate piping hot water all year round. A log fire will keep the chill away all winter.
High Speed Broadband is also available.
Great views in a great street, with the additional bonus of extra income from the self contained space downstairs, should you choose.
And a superannuation bonus down the track when you cut off a block or two.
Really worth an inspection and with a coat of paint and some careful thought this property could become quite superb. The ugly duckling and the swan scenario or the worst house in the best street!
Please phone Peter on 0413 111 621 to arrange an inspection of this residence in the most wonderful position imaginable.
Solar HWS and log fireplace
Self contained flat or teenagers retreat
Subdividable block STCA
High on a hill for breezes
Limited local traffic
Large useable deck
Large double garage
Separate workshop
Established orchard
Easy walk to town
Low maintenance dwelling
Can be cut into 3 blocks
Excellent return of 6%
Huge capital growth potential.