NEW TOWN

1 / 25 Forster Street

House
Sold 10th August 2018 for $810,000
5
2
4

Grand Family Residence

Sitting proudly, this 1920’s Californian bungalow residence offers versatile and spacious living zones complemented by a fusion of period detail and contemporary updates, creating the perfect family home and a unique multiple income opportunity, right in the heart of highly sought after New Town.

Upon entry you will immediately feel a sense of warmth and ambience with the original fireplaces, lead light windows and timber floorboards. The formal living area enjoys all day sun and the open plan kitchen benefits from a five-burner gas stove, double sink and large walk in pantry.

Also, on the lower level is one bedroom complete with a built-in robe, family bathroom, study, mudroom and sunroom. The formal dining area leads out onto the entertaining deck and the low maintenance backyard is private & secure, ready for your creative flair.

Upstairs is a large master suite with floor to ceiling windows complete with a generous adjoining dressing room and a further two bedrooms, both with built in robes – one offering picturesque Mountain views.

Another huge benefit of this home is the separate one bedroom flat with internal and external access which features open plan living with kitchenette, bathroom and laundry – providing the perfect space for a teenager’s retreat, Air B&B or rental option.

With plenty of off street parking and additional space for a caravan or boat, along with being within close proximity to local amenities, this family residence is certain to be popular.

Move in and use as family home with rental income or divide into two separate flats, potential rental return of $950 per week approximately.

– Beautifully presented family home
– Flexible floor plan, potential for six
– Low maintenance gardens, ample OSP
– Self contained one bedroom flat
– Close proximity to cafes,shops & schools

Council Rates: $2,300 per annum approx.
Proposed rental return: Upstairs – $450 per week approx.
Proposed rental return: Downstairs – $500 per week approx.
Year Built: 1927
Heating: Panasonic Heat Pump downstairs & Fujitsu Heat Pump upstairs
Construction: Brick

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Property Information

Year Built
1927
Land Area
553 sqm approx
Floor Area
301 sqm approx
Number of Floors
1

Features

Construction
Brick
Heating
Heatpump

Parking

Off Street Spaces
4

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