149 Station Road, New GisborneVIC

On a lovely flat block of land (1440 sq metres approx.) sits this 3 bedroom timber home (hardwood frame) waiting for renewal. Restumped with concrete stumps in 2007, the home has a relatively new gas stove and oven, split system air conditioner, gas hot water system and a comfortable ambience befitting a home of its era.

The 3 bedrooms all have BIR’s, the bathroom includes a shower, bath and a separate toilet. The floors are pine and a covered verandah at the front and a sun room at the rear complete an inviting picture.

So, a homeowner with a practical bent could, over time, add significant value to the property by either or both redecorating and gradually refurbishing - the choice is yours. Whatever the new owner decides, this is a relative blank canvas with excellent long-term prospects.

Outside, a spacious front garden and some well-placed shrubs provide good privacy. A garage and workshop complex at the rear (concrete floor and power) are added bonuses and the large rear garden is ripe for fruit trees, a veggie garden or creative landscaping.

Developers should take particular note of the short and long term holding potential here and the scope for townhouses or units (STCA).

Sitting close to Gisborne township, this New Gisborne property has ease of access to the Gisborne shops, the freeway, Baringo hotel/restaurant complex, V/Line station and a variety of excellent schools.