Great Street on the Bayside.

The old adage is to buy in the best address rather than finding the a great house in the boondocks. This cavity (double brick) brick home is as solid as the "Rock of Gibraltar" and situated in a great street with lots of modern homes adjacent and redevelopment happening in the immediate neighborhood. An excellent 506sqm level block with a north orientation, only a short distance to the bayside. The home has been a rental for a long time and does need renovating, but you are not going to over capitalize if you spend money renovating in this address. Apart from the bay, local shops are close by, the train station is probably only half a kilometer away, and other amenities like schools, a shopping hub and arterial roads are all convenient. It has to be the lowest priced home in the local Thorneside area for sale at this point of time, with the land value being the majority portion of the asking price. Land bank the property, renovate it or potentially re-rent it after some updates.