1 Clematis Court, Lucknow VIC 3875

Large block with shedding | sunroom with northern light | tenanted at $410/week | versatile floorplan for family or investor. This property offers a rare combination of a quarter-acre block and extensive shedding within a standard residential setting, giving a buyer immediate functional advantage for storage, hobbies, or vehicles. The sunroom with northerly aspect adds genuine passive solar amenity, and the tenanted status provides instant cash flow. It suits first home buyers seeking space without a premium price, or investors wanting a solid yield in a suburb where median prices have recently softened. The primary risk is the suburb’s recent -9.3% median price dip, though this property has shown strong individual growth since 2022. The single bathroom limits family appeal, but the floorplan’s flexibility allows for a future fourth bedroom or second living area. Opportunity lies in cosmetic renovation to lift rental income and resale value. Hold for medium-term capital growth or use as a high-yield rental with low holding costs.