This iconic Spearwood property has been fully renovated externally and provides an endless list of options for the future owner as either a versatile three-bedroom home, a 2 bed, 1 bath unit with a front office or an astute investment in which to generate additional income.
A few minor floor plan adjustments can convert this residence into a 200sqm 3×1 home with three toilets – one of which can easily be converted into a second bathroom in the front office/entry area. Those running a home business may also choose to maintain the recently revamped front office that has its own store room (third bedroom), new walls, ceilings, solid Jarrah floorboards and two newly installed phone lines.
With the office in use, the rear part of the house becomes a 2 bed, 1 bath unit with a kitchen, living and dining areas and an easy-care yard. There is plenty of driveway parking out front as well as ample storage space within a massive 120sqm workshop shed with three-phase power.
Secure your future in an ultra-convenient location close to transport, shopping, schools, parks and Fremantle’s historic town centre. The choice is yours!
Other features include, but are not limited to:
- A second kitchen in the front office is currently unfinished but requires just a small investment, including the connection of water and electricity
- The 2×1 unit at rear is currently tenanted at $275.00 per week to good tenants on a periodical lease (rent has not been reviewed for four years – therefore current market rent will be higher)
- The 70sqm front office area will comfortably allow 2 – 4 people to work form home and has a security alarm system
- Separate into two halves, the 120sqm shed is currently used by tenants as storage and also contains a new music studio as well as a tool storage area
- Two electric meters on the property separate the office and rear unit
- Fully reticulated rear garden
- Parking to side of home for 2/3 cars plus plenty of driveway parking out front
- External security lighting
- Main kitchen has an electric oven and gas cook top
- Instantaneous hot water system
- Ideal for an investor or first home buyer/tradesperson (120sqm shed), R40 zoning allows for strata development or potentially two Green Title blocks (STCA)