Conveniently located on a massive 835sqm (approx) block within a short walk to the Thornlie Train Station, this 4 bedroom property needs your tender, loving care to help restore it back to its beauty, or demolish and build two, with a R20/30 zoning allowing for up to 2 homes to fit on this square block. The property features spacious living areas and bedrooms, which will hold as a solid investment whilst plans, surveys and drawings are done up for a redevelopment.

The property is currently rented at $425 per week on a lease until the 18th of January 2014, meaning the option for vacant possession at settlement is available, but the tenants would be greatly appreciative of a lease extension.

With Features Including:

- Access to the property via a “Slip Road”, not actual street frontage onto Spencer Rd
- Parking for 3 – 4 cars off the street
- Entrance into hall and main living area
- Dining leading into the kitchen
- Kitchen with Electric Cook Top, Range Hood and plenty of bench/cupboard space
- Master bedroom with built in robes
- Bathroom with shower, bath and vanity cupboards
- Double Sized 2nd and 3rd bedrooms both with built in robes
- Ducted Evaporative Air Conditioning
- Single sized 4th bedroom
- Large Backyard with plenty of potential for large workshop shed or pool
- 835sqm block (approx)
- R20/30 Zoning which will allow for a subdivision if the existing home is demolished (STCA)
- $425 per week in rent fixed until 18/01/14 with potential for vacant possession or to keep the tenant

- Council Rates: $1250 per annum
- Water Rates: $769.84 per annum
Age of Property: 1969

Call Cameron today to receive more details or inspect on 0411 598 969 or email to cameron.smart@raywhite.com