Solid Investment - R30 Zoning- Potential Retain And Subdivide
House Sold - SPEARWOOD WA
If you are searching for a solid investment, look no further than this well presented 4 bedroom, 1 bathroom property. Situated on a 729sqm block with R30 zoning you have the potential to retain the existing house and subdivide a new strata block at the rear.
The property suits the starting out investor or first home buyer that wants a neat, well maintained property with the huge upside of development potential. With some minor reconfiguration to the existing garage (we have obtained quotes) you could easily get side access to the rear. Or down the track you may decide to demolish the house and build 4-5 apartments (subject to council approval).
Always rented and well maintained the property is fetching $470-$480pw, we are able to provide vacant possession or we can find you a suitable tenant ready for settlement.
The house features-
*4 bedrooms, all carpeted with ceiling fans.
*Solid double brick and tile home, they don’t make them like they used to.
*Renovated bathroom with tub & glass shower screen.
*Large split system AC unit in kitchen.
*Semi-renovated kitchen with good cupboard space, adjoining meals/sitting area.
*Separate formal dining and front lounge room.
*Undercover area with warm terracotta tiles outside which overlooks the garden.
*Outdoor BBQ area with sink.
*Manual single garage door, leads into covered work space, that’s powered with ceiling fans, lots of room for parking.
*Established reticulated gardens.
*Close to schools, shops & parks.
*729sqm block, R30 zoning, potential to retain & subdivide.
- Street View