A Portrait Of Potential

You can't beat choice in a great location, which is why you should look very closely at this two-bedroom, two-bathroom property and its short and long-term potential.

It is not a young home, but inside it has been well-maintained and presented in excellent condition with two bright bedrooms, two large bathrooms, a large open-plan living area overseen by a spacious family-sized kitchen, plenty of off-street parking and a neat and tidy backyard. But with a few aesthetical interventions on your part, you could certainly make a good home great in a sought-after location that's within walking distance of Keon Park train station, bus services, JC Donath Reserve and Johnson Street shops and cafes and only minutes away from local schools and the Metropolitan Ring Road.

Given the immediately liveability of the home, you have time to consider whether you move in and enjoy the current-day picture of comfort, make a tweak or two indoors and be very comfortable and very happy. However, a glance around this street - and surrounding ones - shows gentrification is well and truly a feature of the neighbourhood, and therein lies the true value.

You could therefore opt to redevelop and make way for something very special on the flat 652sqm (approx.) block, which could take the form of two stylish, ultra-modern townhouses, giving you a beautiful new home, an investment property and long-term nest egg - or a quick sale to cover your costs (STCA).

This property certainly works for homeowners with a thing for DIY, or developers with a thing for amazing outcomes. It's therefore a win-win whatever decision you make.

Opportunity rarely knocks more than once, so don't miss your call here.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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Explore the area

School catchments

William Ruthven Secondary College Secondary 7-12 Government 0.91km
William Ruthven Primary School Primary Prep-6 Government 0.93km
Maharishi School of the Age of Enlightenment Primary Prep-6 Independent 1.1km
Reservoir Views Primary School Primary Prep-6 Government 1.3km
Thomastown Primary School Primary Prep-6 Government 1.5km
St Stephen's School Primary Catholic 1.8km
Reservoir Primary School Primary Prep-6 Government 1.8km
St Monica's College - St Stephen’s/Gaudete Campus Secondary Catholic 1.8km
St Joseph the Worker School Primary Prep-6 Catholic 1.9km
Thomastown East Primary School Primary Prep-6 Government 2.0km
Thomastown Secondary College Secondary 7-12 Government 2.1km
Thomastown West Primary School Primary Prep-6 Government 2.2km
Thomastown Meadows Primary School Primary Prep-6 Government 2.4km
St Clare's School Primary Prep-6 Catholic 2.4km
St Gabriel's School Primary Prep-6 Catholic 2.6km
Norris Bank Primary School Primary Prep-6 Government 2.6km
St Luke's School Primary Prep-6 Catholic 2.7km
SEDA College (Victoria) - J.E Moore Park Campus Secondary Independent 2.8km
Reservoir East Primary School Primary Prep-6 Government 2.9km
Peter Lalor Secondary College Secondary 10-12 Government 3.1km
Lalor Secondary College Secondary 7-12 Government 3.1km
Reservoir High School-Heidelberg Secondary Teaching Unit Secondary Government 3.3km
Reservoir High School Secondary 7-12 Government 3.3km
Northside Christian College Combined Prep-12 Independent 3.6km
John Fawkner Secondary College Secondary 7-12 Government 3.7km
John Fawkner Secondary College-Sports Learning Centre Secondary Government 3.8km
Darul Ulum College of Victoria Combined Prep-12 Independent 3.9km
Lalor North Secondary College Secondary 7-12 Government 4.3km
Bundoora Secondary College Secondary 7-12 Government 4.4km
East Preston Islamic College Combined Prep-12 Independent 4.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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