9 Colombo Road, Belgrave, Vic 3160

Here is one of those rare properties for UNDER $300,000 but be warned, it will be a project if your intentions are to put your DIY skills to use and return the home to its former glory; yet the rewards can be massive given that there's a cosy open fire place, polished floors, high ceilings, two bedrooms and extra parking, even two sheds for all the tools, all on 1/4 of an acre (approx). You get lovely led light windows that really brings in the sun and treed views looking over Park Drive to Belgrave Lake Park (just a short stroll away). Either way, this is not one for the faint hearted, but will be a profitable project for those astute buyers that can assess value in rare opportunities like this.