131 Elphin Road NEWSTEAD, 7250

Toowonga Circa 1920 - Private oasis with a wealth of opportunities. Here is your Chance.

Auction Saturday 9th April 2016 12noon on site

Sitting quietly, has been the family residence for the past 90 YEARS.. And let me tell you, this home offers a wealth of opportunities. Positioned in the sought-after area of Elphin Road, remodel the existing 2-storey, 4 bedroom home, design and build a 5-star family residence, or create a high-end, multi-townhouse development on this large 1,639m2 approx. block (STCA).

Just minutes from the Scotch Oakburn Schools, Newstead supermarket, restaurants and cafes, plus the verdant delights of NTFA sporting ground and enjoy a pleasant stroll to Launceston Sports Arena Complex and nearby 24hour shopping.

The home is in need of some work however with a creative imagination could be very rewarding. On the ground level, multiple living areas, bedroom, kitchen/meals area, store rooms, plus a study are serviced by a family bathroom. A large family room at the rear boasts large windows opening up to the back garden.

Upstairs, 3 further bedrooms and the nursery, leading to a separate toilet. Double lock-up garage and workshop at the rear of the block all with access from “Olive Street”

* 4 bedroom, 2 bathroom home with double garage.
* In the sought-after area. Potential to have dual access from “Elphin Road and Olive Street”
* Easy access to Private schools, Newstead shops, cafes and Sporting Parks
* Nearby bus and easy access to the CBD
* Multi-dwelling development opportunity (STCA)

Built: 1920
Water Rates: $652 approx.
Council Rates: $2,730.85 approx.