$340,000
3 Bed • 1 Bath • 2 Car • 809m²
New
85 Reed Street, Orbost VIC 3888
$340,000
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What's around Reed Street
House description
“Charming Three Bedroom with Shedding”
Situated close to the Orbost Hospital is this charming three-bedroom home on an easy to manage corner block. Stepping up to the home, you are greeted by a front porch that overlooks the low maintenance front garden. This is a great place to sit and relax, watch the world go by and admire the views across Orbost to the rolling hills of Newmerella. To the front of the home is a large family room featuring a huge front window, inbuilt slow combustion wood heater and an air conditioner. A light and bright kitchen and dining area to the rear of the home has excellent storage and views over the small side garden and vacant blocks opposite.
To the end of the hall are three generous sized bedrooms, two with built in robes, a family bathroom and a separate toilet. Stepping out the rear door there's a small laundry and an undercover entertaining area, perfect for a barbeque with friends during the warmer months. Everybody needs a shed right? Well, this beauty has four in total. There are two fully enclosed garages accessible off Tyndall street complete with concrete floors and power connected. There is a third enclosed storage shed and an open front potting shed/fernery to the eastern side of the block. Additional gated off-street parking for a boat, caravan or trailer is also available at the rear of the block.
A grid connected solar system will help keep those power bills low whilst the flooring of the home is mostly hardwood under carpet and vinyl, providing an excellent base to renovate this character filled home in the future. The home may be ideal for the first home buyer to get a foot on the property ladder and would be an excellent investment to retain when ready to move to a larger home, especially considering its rental potential being so close to the Hospital and P-12 Community College. For the savvy investor looking for an above average return, an approximate market rent of $400 per week would provide a gross return in excess of 6.1%.
Orbost is welcoming community located on the Snowy River and is only a short drive to the coastal town of Marlo, where the Snowy meets the sea. Marlo is famous for its fishing, its boating activities and coastal walks. The Orbost CBD is around fifteen minutes' walk to grab a coffee from one of the many cafes in town. There are supermarkets, banks and a variety of retail shops and businesses. Lakes Entrance is around forty-five minutes' drive for the major supermarkets of Woolworths and Aldi and the Gippsland Lakes.
Please view our Virtual Tour online and call Richard Ivey on 0401 113 310 seven days a week to schedule a private inspection. Inspections available seven days a week by appointment.