Opportunities in a booming real estate market have been hard to find, but here is one that first home buyers and investors with an eye to the future should be checking.

This is a two-bedroom, well-presented 1990s home with huge potential for complete renovation or a simpler refurbishment.

What makes this property even more attractive is its location - backing on to the Bill Wilkes Reserve to give added privacy and tranquillity.

The reserve has a walking track to Richmond, through Washbourn Gardens.

The 110 square metre house is tidy and appears sound, making it an ideal prospect for investors, or for rental while homeowners decide on their makeover plans.

You could move in immediately if you chose, with a sunny, pleasant place to live, with open plan living leading to a timber deck for entertaining or relaxation.

The two bedrooms are both spacious and, along with the family bathroom there's a separate toilet. The house is equipped with a ventilation system.

You'll find the kitchen perfectly serviceable as is. But, as the case throughout the home, you will see ample opportunity for updates and refurbishment - or that complete renovation.

The property is in a good neighbourhood where further investment will be rewarded. Queen Street is two blocks away and families have the choice of nearby schools, from primary to secondary.

The 425sqm section is fully fenced, with lawn areas and a variety of pleasant border plantings and small trees.

There's internal access from the large single garage and parking for more vehicles outside and beneath the adjoining car port.

Don't miss this opportunity to add value to a well located home. For more information, contact Kellie Todd or Katy Kerby.