Renovators Delight

Zach Reid, Kris Crews and the team at First National are excited to present 5 Peaks Gully Road, Atherton. If you’ve been looking for a renovator opportunity or are handy, this is the perfect property for you. Positioned on a fully fenced 854 sqm block, this property boasts one of the most central residential locations Atherton has to offer. Within 500 m of the home you’ll find our award-winning IGA, cafés, post office, pubs and so much more.

The property is gorgeous, convenient and holds loads of potential for a home, investment or even AirBnB given the location. There is some renovation required to restore the home to its full glory - a new bathroom, some touch up paint and perhaps a change of flooring could be a project to enhance appeal and value.

Inside, the home benefits from an open plan, with the dining area and lounge enjoying plenty of light pouring in from the large sliding doors that open onto the front deck, showcasing views of the established gardens. In the kitchen you’ll find plenty of cupboard space built into the hardwood timber cabinetry.

Two bedrooms stand ready for a small family or a master and guest bedroom set-up. The internal laundry enjoys built-in storage and leads onto the bathroom, which features a ground-level shower. Additional built in storage can be found in the generous hallway cupboards.

Outside, in addition to the east-facing front deck, the home benefits from a south-west corner patio, perfect for a BBQ area or hosting on warm summer afternoons.

Features Include
• Brick veneer & clad construction
• Fully fenced 854 sqm block
• Two bedrooms
• Walking distance to town
• Lock-up carport

Rental appraisal: $480–$500 per week if updated, $420 - $440p/w if minimum required improvements completed.

Last rental increase: 27/03/2024

This home presents a fantastic opportunity to enter the market, or for an investor to repair and re-sell. From Zach Reid, Kris Crews and the team at First National, we look forward to seeing you at the open home.

Features