Nestled on a prized 622sqm corner allotment, this well-maintained home at 62 Mott Street, Gaythorne, has been cherished by one owner for over 40 years. With an LMR2-3 zoning, the potential here is limitless-an appreciating investment to buy and hold, subdivide the rear yard for a rooming accommodation-style construction or build a two-storey residential home, both while retaining the existing home, or even explore the option of townhouses.
The existing residence is in excellent condition, offering three bedrooms, one bathroom, and a single garage. Inside, a spacious air-conditioned living area provides comfort year-round, while the modernised kitchen offers functionality and style. A covered rear deck and terrace extend the living space outdoors, perfect for entertaining or relaxing. Additional features include an internal laundry, a dedicated workshop, and an extra garden shed for storage.
With minimal effort, the existing home could be cosmetically updated to further enhance its value. A fresh coat of paint, polished timber floors, and a bathroom refresh would significantly boost its appeal for both rental and sale purposes.
Positioned in a sought-after location with exceptional future development opportunities, this property presents an exciting prospect for investors, developers, or those looking for a solid home with scope for future enhancement.
Phone Haydn Denovan for more information.