Are you looking to kick start or add to your investment portfolio? Are you interested at trying your hand at developing for the first time? Or are you experienced and looking for your next project? This property provides the savvy buyer a range of options.

On a 769m2 block and currently zoned R25 with a 19.1m frontage you have the potential to subdivide into two x lots (subject to council approval). Develop the lots and flip, move into one and sell the other, or lease both out!

However, with a neat and tidy four bedroom, two bathroom home already on the lot which was recently leased out for $530 per week you may also elect to hold onto it for a while longer! With a current proposal in with council (scheme 6) to re-zone to R40, the potential for capital gains and future develop will only continue to grow.

The property features built in robes to bedrooms, evaporative air conditioning, solar hot water system, enclosed patio, automatic bore reticulation, gas cooking, double carport and garden shed.

Walking distance to public transport, Garden City Shopping Centre, easy access to Leach Hwy, Kwinana Fwy and within the Applecross High School Zone.

Built: 1974
Water rates: $960
Council rates: $1691
Block size: 769m2