7 Odette Street, Leichhardt
Sold for $ 189,000
UNLOVED & UNCARED FOR House - Property ID: 875072
This property may have been unloved and uncared for in recent times, but it is not as rough as it might look to the inexperienced eye. Bathroom renovation, some new kitchen appliances, a paint job (as you see fit) and a few other minor repairs (when you are ready) and you will have an inexpensive first home or investment property and will have gained a secure spot in the Ipswich real estate market. Whether you do this fast or slow, you will end up with a good capital gain once the work is done. This is definitely a great starter home for the would-be renovators keen to apply energy and enthusiasm to a worthwhile project. You can learn and practice your basic renovator skills on a property that has a sound structure that just needs some committed love and care to bring it back to the happy family home it has been for many years in the past. Come and have a look and see if this is a challenge you are up to.
This functional semi-highset residence comprises three bedroom, one bathroom, a separate toilet and a living area containing a kitchen, a dining area and a spacious living room. A sunny verandah fronts the leafy main street.
The space underneath the houses has a car space, a simple laundry area and ample extra space for a workshop or additional storage space. While not legal height for extra bedrooms there is plenty of potential for development for greater utility. It might be possible to excavate a deeper space if desired.
It is located on a fully fenced 637 m2 block in a quite cul-de-sac in the older well established, flood free area of Leichhardt. It is a timber construction with a tiled roof and fibro exterior and Masonite interior walls. The polished timber floors are in excellent condition. Linoleum covers floors in the kitchen, bathroom and toilet.
There is a disused above ground pool at the back of the block that could be removed to make way for a granny flat sheds, gardens or another pool. The current pool needs decommissioning. There is access to rear area via the drive-through garage or the space between the side fence and the house.
The neighbourhood is well served by local schools and public transport. It is near to a golf course, other entertainment and recreational facilities and to the Ipswich CBD and Riverlink Shopping centre that are only a short drive away.
Maintenance Issues for attention:
The bathroom generally needs upgrading (but could be made livable). There is localized floor water damage at one small spot in bathroom.
Kitchen could do with a new stove and rangehood although you might get away with using existing stove and rangehood after a good cleanup.
The front steps need repair and/or replacement and the front fence gate needs a new gate post. The rear side fence needs straightening and perhaps eventually a retainer wall for a permanent fix.
Guttering and facia boards require repainting and possible in a few places. Has been leaf filled for prolonged periods.
This is a must see for buyers looking for a low priced entry to property ownership as an investor or as a first home buyer. It can be very quickly cleaned up and re-established as comfortable living quarters. It can later be brought to full market standards as your time and resource allow.
This is too good a start-up ownership opportunity to not be checked out by 'wanta be' property owners and renovators. Call the selling agent immediately for an appointment to inspect or for the next open homes times.