R40 TRIPLEX SITE West End – Manning Park Precint

Race in and secure a solid 4 bedroom Home with Instant R40 Subdivision Potential.

Development Options:
1) Retain the house and Sell the back Block (Subdivide into 2)
2) Subdivide into 3 blocks and sell all. (Subdivide into 3)
3) Build 3 4x2s and Sell or Rent them out. Ask about 5.5% Rental Guarantee option. (Subdivide into 3)
4) Build 6-8 Apartments and rent them out at 5.5% ROI each. This is the Kingmaker option, which could see you retire early on a passive income. I can put you in touch with a bank that can finance this for you, if necessary. (Subdivide into 8)
5) Subdivide into 5 villas/townhouses with a smaller floor space. Ask me how (Subdivide into 5)
6) Renovate the house into your dream home, put in a pool on the top terrace and sit back and enjoy life.

The house itself consist of:
1) 4 bedrooms 2 with Garden views, Master with BIR’s and all with a Concrete Blank Canvas floor to lay your favourite floor coverings to your hearts content.
2) Bathroom 1970s themed
3) Kitchen – 1970s dcor, plus stainless steel Gas Stove, Electric Oven cooking. This area overlooks the Dining room in an open plan format.
4) Lounge room with Fireplace and Gas Bayonet Views onto the front garden and open plan onto the Dining room.
5) Entry Foyer, leading onto a covered alfresco dining area
6) Laundry

Outside there is; a double Workshop, Double Carport, Undercover Alfresco Area, Front yard, and a two tiered terraced backyard.

Make no mistake, you will want to do some renovations. But I’ll tell you what – the bones of this house are very solid, once done you will have a 4 bedroom house with 2 spacious living areas in a premium spot.
You are on the high side of a picturesque street, where you can sit out and enjoy the sunsets, the marvellous sea breeze and what’s more you are but a mere stones throw from:
- Manning Park
- Phoenix Primary School
- Phoenix Specialty shops and 2 Supermarkets
- South Fremantle Beach and Caf Strip
- Coogee Beach, Marina and Cafs

Call Andrew Stone ASAP on 0401 797 975 to secure this fantastic 4×1 R40 site today.