After months of searching and looking at hundreds of places we have finally found a blank canvas on which we are willing to make an offer. It is really the classic worst house in the best street situation.

Here is a picture of the place.

The story goes that the place was built as a holiday shack in the early 1970’s. Over the last 10 years   it has fallen into disrepair and has been on the rental market for a long time. The last tennant is apparently now in the care of the prison system after a run in with drug dealing.

I guess that you could not get much more down than that. The landlord has decided to chuck it all in and has put the property on the market.

So what is the attraction? Well it is situated right on top of the hill in Merimbula and has some great ocean and lake views.

It also has some great views out the back to the mountains in the hinterland. With a lot of tender loving care this property could be made into something.

We are about to put an offer to the owner.