5 Ivy Street, Cheltenham, Vic 3192

On a proportional allotment of 641m2 (approx) in Cheltenham??s highly-sought ?Golden Triangle?, this beautifully preserved and updated, blonde-brick home will appeal to the masses and offers maximum bang for buck.
Whether it?s smart-buying for a developer, a savvy investor, or the future home of a young family, the possibilities here, as well as the many draw-cards of the area, really are boundless.
Choose whether to enjoy it in its current capacity, build your dream family home or continue with minor renovations to the existing home and appreciate a land-size rarely available so centrally, subdivide and capitalise on multiple dwellings (STCA) or, expect a hassle-free, strong returning investment with a potential rent return of $480-$520p/w!
High ceilings and original features, along with tasteful updates and a neutral palette throughout. Quality carpet through the three generous bedrooms with robes, serviced by the central modern bathroom with spa bath, vanity, shower, separate toilet and laundry.
Solid polished floorboards in the spacious lounge and dining with gas heater, and a separate meals and beautiful modern kitchen with updated SS cooking appliances, dishwasher and plenty of storage and prep space.
Heaps of backyard to enjoy and the handyman will love the 9m x 6.7m Colorbond garage/workshop, with drive-through access from the tandem carport!
This desired Cheltenham location is just 2km from the beach, close to public transport, moments from parks, DFO, Charman Road, Westfield Southland and resides within the school catchment zone for Cheltenham East Primary, Our Lady Of The Assumption, Parkdale Secondary, Mentone Grammar Schools and Mentone Girls Secondary.

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*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
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