House for sale

54A Mirls Street,

Newport, VIC

3 1 3
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Buy the Worst House in the Street

This freestanding 1920's home, promises an exceptional opportunity for a Home Buyer, Developer or Investor to restore the charm of the Victorian era. In essence, this property requires a buyer with vision to take their property investing to the next level.
Featuring two large BRs, 3 light-filled living zones, hardwood floors, high ceilings & bay window. The real surprise is the Double Garage & adjacent Storeroom, which is serviced by a wide rear lane access you can drive a truck through!

Your choice to update or extend, (STCA), is enhanced by the proximity to the cosmopolitan Newport shopping strip and thriving cafes, Newport station, Newport Library Hub, IGA, Bryan Martyn oval, The Substation, Primary Schools, recreation facilities and quick freeway access to the city.

It certainly ticks these boxes
_ No Heritage Overlay on this property
_ Wide rear Access - enter from either Derwent street or Durkin Street
_ 5-minute leisurely walk to Newport Station
_ Land Area: 413 m2 approx. (Dimensions: 10.0 m x 41.3 m).

_ New 3-bedroom Town houses in Newport are renting for $675.00 per week approx.
_ 3-bedroom Townhouses in Newport are currently selling for $1.2M approx.
_ Newport's 12-month growth rate was 13.88%
_ This year, Mirl Street has witnessed property sales of $1.567M and $1.630M

Let me show you examples of the types of homes that can be affordably built for this land size.
The savvy buyer will soon recognise the financial wind fall that this property would offer.

Inspect by appointment only.
Call Theo Panay on 0406 62 1788 and let's explore the potential!
Last updated: 08:42AM on Jan 21st 2018
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First National Barlow McEwan Tribe Newport

344 Melbourne Road
Newport VIC, 3015