15 Railway Terrace Ouyen VIC 3490

Positioned on a spacious 909m2 block with rear access, this charming weatherboard cottage presents an excellent opportunity for first-home buyers, investors, renovators or those seeking an affordable entry into the property market.

Offering two well-sized bedrooms plus a separate bungalow, the home combines the character of yesteryear with practical modern updates. High ceilings throughout create a sense of space, while new ceiling fans have been installed in both bedrooms and the living area for year-round comfort.

The open-plan living zone flows through to a functional kitchen featuring a freestanding electric oven and cooktop, complemented by the original wood stove that adds warmth and country charm. The bathroom includes a shower, vanity and WC, while an external laundry is accompanied by a second toilet for added convenience.

Previously leased at $200 per week, the property offers immediate investment appeal, while those looking to add value will appreciate the scope to further enhance and personalise the home over time.

Outside, the generous allotment includes rear lane access and a variety of shedding, providing ample space for storage, vehicles, hobbies or future improvements.

Affordable homes on substantial blocks are becoming increasingly difficult to find. Whether you're looking to invest, renovate or secure a foothold in the market, this property offers outstanding potential and value.

Features
Two-bedroom weatherboard cottage
Separate bungalow/studio
High ceilings throughout
Open-plan living area
Ceiling fans to bedrooms and living room
Functional kitchen with electric cooking plus original wood stove
Bathroom with shower, vanity and WC
External laundry with second toilet
Rear access to the property
Assortment of shedding
Generous 909m2 allotment
Previously leased at $200 per week
Affordable opportunity with future upside