Renovators, first home owners and investors alike will love this Merrigal Street property that is simply bursting with potential. Set on a huge 954sqm block in an exceptional, central location, this is a chance to enjoy a great return on your investment or build the family home you've always dreamt of.

For renovators, fresh flooring, a new coat of paint and some upgrades in the bathroom and kitchen could easily turn this humble abode into a comfortable family home. There is plenty of room in the backyard to extend if you need more room or add a pool and landscaped gardens.

For the investor, a few minor updates coupled with the great location will make this an appealing rental to a range of tenants, while families and first home owners will relish the space and easy-care lifestyle on offer.

The current floorplan offers three bedrooms and one bathroom, plus a light-filled lounge with a wood fire heater and an eat-in kitchen. There is evaporative cooling, a single garage and shed, plus side access to the yard that is fully-fenced. The home is clad in vinyl cladding and topped off with a tin roof.

When it comes to location, this property is unbeatable. A host of parks and schools are located within easy reach including Griffith Public School and High School, while local shops, dining options and major services are all close-by.

Potential rental income: $220.00 - $240.00 per week as is or $300.00 - $320.00 per week with full renovation to be confirmed upon completion.