Can you remember the last time a newly built home in Newstead was on the market under $400,000. If you can’t it’s probably because it hasn’t occur in a very long time! It’s a rare opportunity presented today and one which you must seriously consider if you are looking to occupy the home yourself or use it as a rental with great depreciation benefits.

Located in the newly developed subdivision of Eldonhurst the home situated on Penquite Road is unassuming from the outside but packs a punch when you consider this home is 27.5 square (256m2) over two levels. The main level is beautifully appointed with the large kitchen being the central hub of the home looking over the open plan dining/lounge and out onto the undercover deck. Featuring three bedrooms upstairs with the master boasting huge walk in robe & ensuite. Both bathrooms have stunning fixtures/fittings whilst the real difference is the allocated study perfect for a small home office or for kids wanting their own space for homework.

Downstairs is something unique and can be used for a range of purposes. Huge floor space perfect to become a rumpus or teenagers retreat is the first option whilst it could be ideal for guest accommodation, pool/bar room or location to run your business from. With its own toilet, laundry and access to a small workshop with its own external roller door this is something which will appeal to most purchasers.

Only 100 metres from Queechy High School & Scotch Oakburn College, 2 minute drive to Newstead shopping centre and the bonus of a bus stop only metres away. It’s really the perfect mixture of a versatile floorplan, great location and price to sell.