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48 Eltham Road, Blenheim, Marlborough

Well-Positioned Investment Property

dollar

$720,000

House
House
Bedroom
5
Bathroom
3
Floor area
220m2
Land area
1318m2
Title type
Freehold
Covered park
1
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Property details

Listing # BR43563 | Listed on 2 April

Positioned in the heart of Eltham Road, this substantial 1910's character home presents an opportunity for those with vision and an eye for potential. Set on a generous 1,318sqm section and offering 220sqm of floor area, the scale alone makes this a standout prospect for investors, renovators, or buyers seeking a project with real upside.

Currently configured across 3 separate accommodation areas, the home provides flexibility rarely found at this level. Whether you choose to retain the existing layout and maximise rental returns with multiple tenants or flatmates or reimagine the space and restore it into one impressive family residence, the options here are both versatile and rewarding.

The property features 5 bedrooms, 3 bathrooms and 3 kitchens supporting its multi-living configuration and enhancing its appeal as a potential income-generating asset. With undeniable character from its era, there is plenty of scope to add value through renovation and modernisation over time.

Outside, the expansive grounds offer further opportunity. With ample space available, there is potential to enhance the property with garaging, landscaping, or additional improvements to further increase value and functionality. Centrally located and within easy reach of local amenities, this is a property that combines position, scale, and potential in one compelling package. Whether you're looking to invest, develop, or create something truly special, this is an opportunity not to be missed!

Viewings are by appointment - get in touch today to explore the possibilities.

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Additional features

Other park
3 other parks
Roofing: Metal
Exterior Cladding: Timber
Exterior Joinery: Timber - single-glazed
Rooms: Kitchen x 3 Laundry x2

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