If you’d given up looking for a renovator on a large block in a good Central address, well here it is! Ideally located in a well-held and fairly quiet section of Central Warrnambool, close to everything, but without excess traffic and noise. South of the highway, 2 blocks to Liebig Street and 3 blocks to the beach, it doesn’t get much better than this.

40 Lava Street is a property with potential, many possibilities and a fantastic location. The original weatherboard residence dates back to around 1910 – 1920 and would have consisted of just the front 4 rooms plus outhouses before the later back extension was added.

On entering the property, the front lounge is good size and open to your left with BI cupboards either side of the Open Fire Place, there is a bedroom off to the right – both these rooms have pressed metal ceilings. You go through to the kitchen/ meals area with combustion stove and electric cooker and a second bedroom just off to the right. At what would have been the original back door, the verandah has been enclosed and there is a bathroom with shower, vanity, toilet and a laundry trough; a third bedroom has been added to the back right of the dwelling.

There is no garage or carport although there is a crossover and part driveway up the Western side of the property. Gardens are neat and established, there is a steel garden shed and fence up the Eastern boundary.

While the house is cosy, the back yard is huge and offers many options. Measuring approx 15.24m across front and back and approx 50m in depth, stretching deep to the North, (approx. 762m2 in total), this is a backyard that families would love in Central with room for a large shed/ garage and/or large extension. The fact that the house is small and unrenovated creates an opportunity at entry level price for FHBs, investors and developers to get into Central Warrnambool without breaking the budget.

Possibilities include renovating the house, redeveloping the site into 2 large townhouse sites (or potentially 3 small ones), or keeping the house & subdividing a block off (STCA). With no Heritage restrictions or Heritage Precinct in place, this is a rare uncomplicated blank canvas with plenty of potential.