17 Ridge Road, Kallista

• HOUSE
• 4 bedrooms
• 2 bathrooms
• 3 car spaces
• Approx 15643 Square metres

UNDER CONTRACT - Conditional Until 4.4.14

Offered for the first time in almost 3 decades and assumed by most to be a modest house on an acre or less this “diamond in the rough” is full of potential and has the land holding to substantiate any money you choose to throw at it and still provide capital growth. The dwelling is almost untouched and presents in good original condition. There are 4 bedrooms, ensuite to the master, gas ducted heating, ducted AC, tank water + mains and 2 enormous rumpus style rooms of approx. 7 sq each as well as a massive 3 plus car garage under the house.
In recent times renovated properties on the Ridge have achieved in excess of $1,000,000 on less than 1 acre , what could this be worth on 4 acres?
To achieve exceptional capital growth you need to buy quality Real Estate in the "trough" of the Real Estate cycle. If the auction clearance rates are any indication of the state of the current market then the window of opportunity is about to close!

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