There is a high probability of you making money out of this proposition.
There is a possibility for you to knock down this and build you dream home or two town houses (STCA).
You could rent it out and make it into a nice little nest egg. Or did I mention you could live in it and improve it, knowing it is in one of the best location in the suburb of Mulgrave.
So, no matter how you look at it, the possibility is you’d want to buy it.