Renovator’s delight on prime Palmwoods block

AGENT’S CHOICE: 5 Hunchy Road, Palmwoods. Buyer interest from $1,100,000.

Offered to the market for the first time in 37 years, this fully fenced 4401m2 property with post-war home, sheds, and water tanks, offers a unique opportunity for a full restoration to it’s former glory, with future rewards in terms of liveability and capital gain.

The home has three bedrooms, the original bathroom and kitchen, separate living areas, a covered deck, and double carport. There is the very clear potential to renovate with period features such as casement windows, decorative ceilings in the living areas, timber floorboards under carpets, and an old-school woodfire oven/stove ready for restoration.

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).

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 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.

To arrange your inspection, contact Century 21 Living Local agents Gary De Paoli on 0408 731 412 or Sheree Jones on 0493 427 400 today.