POW ! Looking for an investment that keeps on giving? Then look no further than this brick and tile property in need of some renovation on a 1011sqm block zoned R40 with a 4 Unit development potential plus expect great rental returns once you’ve refined the existing property AND its only 1 street back from the Beach and the proposed Rockingham Marina extending out from Wanless St. WOW!

It has a massive extension with cathedral style exposed beam ceilings which encompasses the main living areas and would require very little attention from first inspection. You’ll need a new kitchen, new Bathroom, paint, carpets and a couple of other bits and bobs to maximise this property if you’re looking to rent it out. Included is a large powered shed at the rear with vehicle access through from the front.

From a development point of view you could;
1. Update the house and have a massive garden and wait for the future market to decide what to do.
2. Subdivide into 2 larger blocks for quality living and sell one block off.
3. Subdivide into 2 larger blocks for quality living and build and sell one house off.
4. Subdivide into 2 larger blocks for quality living and build and live in it and rent out the other.
OR Maximise the R40 zoning by subdividing into 3 or 4 blocks.
;The choice is yours subject to Planning Approval.