Overview
This sturdy brick home features a comforting layout that embodies great potential and appeal, situated in the sought-after coastal suburb of Falcon. The residence includes two secure bedrooms, a spacious kitchen and dining area, a generous living room, and a charming semi en-suite bathroom, making it an inviting living space.
Sitting on a sizeable 1009 square meter level block, the property offers significant redevelopment opportunities. Subject to council approval, the site could be subdivided into a four-unit development, representing an excellent investment prospect. Currently, it benefits from a reliable tenancy in place until November 2024, providing steady rental income.
The fully enclosed private yard delivers an ideal environment for relaxation and entertainment, overlooking a large grassed area accompanied by a below-ground swimming pool that serves as a refreshing escape during warm summer days. Furthermore, the property includes a lock-up workshop, perfect for engaging in hobbies or projects, enhancing the versatility of the outdoor space.
Conveniently positioned, the location grants easy access to various entertainment options, the nearby library, a shopping centre, and multiple recreational activities. This combination of convenience and leisure establishes a vibrant and dynamic living experience for residents.
The property represents a unique opportunity to secure a versatile home with development potential in a favored community setting. Interested buyers should act quickly to take advantage of this promising offering.
Local Market Insights
In Falcon, Quiet Listings observed 155 new houses entering the market over the last 30 days, up from 129 during the previous 30-day period, with an average advertised asking price of $986,516. The property type mix of listed properties is predominantly Houses at 75%, followed by land (9%), and units (5%). The most active agency for houses in the Falcon area is currently Harcourts, representing 30% of new listings, followed by Belle Property with 12%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.