8 Drake Close, Gladstone Park, Vic 3043

SOLD AT AUCTION BY JASON PADULA!
Nestled in an elevated, bowl-of-the-court location on the northern side of Gladstone Park, is this structurally sound home that's offered with immediate vacant possession and has the potential to be a real 'cash cow!'
With features such as polished hardwood floors, great-sized living areas, gas heating, air-conditioning, re-sealed roof and excellent car a ccommodation/garaging/storage, this is a property with tremendous scope to 'add value' with just a few finishing touches.
Set on approximately 627m2, the large backyard is enhanced by a pergola (which just needs to be covered) along the entire back of the house, as well as a second undercover area - the perfect spot to fire up a barbie and entertain!
Investors in particular should note:
1. The rental potential of $320-$330 per week, meaning the property could virtually 'pay itself off.'
2. Being in 'family-friendly' Gladstone Park, its excellent long-term capital growth prospects are assured!
So whether you are a first home buyer on a budget or astute investor looking to make a buck, do not miss this opportunity as our instructions are crystal clear:
'8 Drake Close, Gladstone Park' MUST and WILL be sold!

Selling Range: $295,000 - $309,000