**Offers invited upwards of $360,000**

First home buyers and investors will recognize the enormous potential here. After being a reliable rental property for decades, this unit on Derby Street is just waiting for some freshening up to add value and create a cool city pad.

Just a short walk to town, and with public transport options close by, the location here is hard to beat. Situated in the picturesque Scarborough Terrace block, with the wonderful town belt behind you and the city laid out in front of you, a car isn't necessary, but if you have one, the off street car park is like gold in this popular area.

With two double bedrooms, open plan living and dining, plus compact kitchen and bathroom/laundry combined, with some fresh paint, new carpet and cosmetic upgrades in other areas, this 60sqm (source Property Guru) unit is one of 11, with an a body corporate levy of $1,575 per quarter