Capital Gains: Reserve-side renovation

Watson

67 PIDDINGTON STREET

PRICE GUIDE: $800,000+ EER: 1.5

AGENT: Andrew Grenfell, LJ Hooker Dickson, 0424 858 529

AUCTION: Saturday, September 2 at 10.30am, on site

INSPECT: Saturday

SEE MORE: goo.gl/fF5UVK

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Watson has become a hotspot for renovators seeking a project and this three-bedroom home at 67 Piddington Street represents a rare opportunity.

Anna and Louis Biro bought the property 53 years ago, and while the suburb has changed dramatically over the years, the reserve-side setting provides a scenic backdrop that has remained untouched.

Their daughter, Maryann, describes the 1002-square-metre block backing onto Mount Majura Reserve as a renovator’s dream.

“There is so much you could do with it, there’s heaps of room for extensions, whether you wanted to put in a pool or keep the garden, it has a lot of potential,” she says.

“That’s exactly what I would do – take advantage of the vast space that my parents’ land has to offer.”

The Biros used the block to grow fruit trees, grape vines and vegetable gardens. It also includes a smokehouse, greenhouse and garden sheds.

The house features an open-plan layout and three generous bedrooms with built-in wardrobes.

It is close to the local schools, the shops and public transport.