OPPORTUNITY & INCOME !
This large original character home comes with many possible options for the home buyer or the property investor. Your only decision is what option! For those who want the character and charm of an original c1920's home on a full block in this popular location then here it is> On the doorstep of North Perth town site and a short walk to Hyde Park and the city this home boasts some very generous room sizes. It includes a large formal lounge room, separate dining room, an almost new kitchen and the possibility of 5 bedrooms. An ideal opportunity to renovate and extend with plenty of block, easy side access and rear yard to extend or add a pool/garaging etc. Its vintage character throughout with polished timber floors, high ceilings, original fire places, big rooms and much more. For the investor an income generator. The home is currently set up to accommodate short term student accommodation and has 3 independent kitchens, separate living areas for privacy and a potential for 2 students/tenants, with short term rental returns of approximately $200/week and plenty of parking. For the developer/long term investor under its current R40 zoning and generous 675 sqm block it provides future multi dwelling development potential and a strong holding income.
Land Size: 675m2