First time to market in 37 years; renovator’s delight in Palmwoods

AGENT’S CHOICE: 5 Hunchy Road, Palmwoods.

Tightly held since 1989, this fully fenced, flat, 4401m2 parcel of land with charming post-war home, sheds, and water tanks, offers an exceptional opportunity for a renovator/tradie to reimagine and/or restore to former glory and reap rewards in terms of liveability and capital gain.

The home itself has three bedrooms, the original bathroom and kitchen, separate living areas, a covered deck, ramp to the laundry, and double carport. In mostly original condition there is the very clear potential to renovate features such as casement windows, decorative ceilings in the living area, timber floorboards and an old-school woodfire oven/stove.

Other features of note include 3kW solar power, approximately 60,000-litres of water storage, 2 x storage sheds (extra parking for 4+ vehicles), and a permit to pump water from Paynter Creek at rear. On a prime corner block with fully useable land and lush, rich fertile soil for growing produce; this is a beautiful block of land.

This property has the option to lease the 2,429sqm block directly adjoining it on the northern side, as well as the possible option to purchase (discuss with agents); it's currently up for rent at $759.70 (inc GST) per quarter. This would provide valuable extra space as well as ongoing access to the many established lemon trees planted, and would mean you own that entire corner parcel (if purchased).

Listing agents are Century 21 Living Local. To make an offer go to https://buy.realtair.com/properties/220080