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116 Ferguson Street is currently a 2 - 3 bedroom house in a state of complete disrepair. However, the true value of this property may not lie in the house itself but in the land it sits on. This 683m2 (more or less) offers a unique opportunity for redevelopment. With the right approvals, there is potential to subdivide the land, making it an attractive option for developers or investors, this property could be the key to unlocking a lucrative project, transforming what is currently an eyesore into a valuable asset. If you are on the lookout for a property to really add value, this may be the property for you.