Capitalise on location! Located within a peaceful pocket of the Central residential precinct this three bedroom home with additional sleep-out has the traditional features so highly sought; high ornate ceilings, polished timber floors and red brick exterior. A property with good bones would make the ideal reno project but is more than livable as is with formal lounge, light filled kitchen and huge rear yard with large shed. Under lease until May 2009, this home is the ideal investment or project for those wanting to create their own piece of paradise.