Investors, renovators and flippers, it's time to run the numbers.

If you’re looking for a property you can get stuck into rather than pay a premium for someone else’s renovations, 1/16 Tama Street deserves a closer look.

This two-bedroom, one-bathroom home is ready for a refresh, giving the next owner the chance to rethink the presentation, update the finishes and explore the potential to add value.

For property flippers, it’s an opportunity to assess the renovation, plan the improvements and see what the numbers could look like. For investors, there’s scope to consider a tidy-up and longer-term hold, subject to your budget and due diligence.

It won’t be a turnkey purchase, and that’s the point. This is one for buyers who can look beyond the current condition, price up the work and recognise an opportunity when they see one.