It does need some basic TLC but 18 Federation appears to have solid bones which is ideal if you are looking for a renovator.

Don''t be turned off, the home is completely livable or rentable in its current condition, but some paint and carpet would have it looking much nicer. The kitchen is original, but its very spacious and offers plenty of space - ideal for renovating. The piers are brick and the floors seem level, the roof looks to be in good condition and the exterior of the home is already clad - that''s three of the major renovating expenses out of the way already.

Located in a flood free area of town, with minimal through traffic 18 Federation Street would be an idea entry into the home owners market or a perfect first investment - currently rentable for $200 - $210 per week.

At this price its unlikely the property will stay on the market for very long - inspect today!