A character brick and tile home in excellent condition with a superb tenant on perfectly positioned land that can accommodate high density in the future with its R60/R100 zoning. With rents on the way up, investors are back in the market. Take the opportunity before its gone.

Keep the house and enjoy the rent or move in yourself and renovate, then when you are ready you can diversify by building apartments, double story townhouses or just landbank!

Incredibly well priced this is well worthy of a look. The quality of the brick and tile home puts it in a league of its own with most of the homes around this price needing tons of work.

In terms of affordability, the great news is you already have an excellent tenant paying rent from day 1 for the next few months and they will stay if required! Get in and get negative gearing happening before its too late.

A gilt edged investment opportunity – this could be the stuff of future market gains.

WHERE IT IS
This home is located up the quiet end of Loton Avenue. Its proximity to shops and services – Midland Gate, Midvale Primary and buses and trains are just a short walk away – make this the heart of the investment centre of Midland.

THE ZONING
R60 / R100 – is a high density development code, so you have so many options if development is your bag! Duplex, Triplex or high density apartments are all potentially in scope subject to council approvals so do your homework!

THE HOME
Simply awesome 1950 built home. Character filled, 2 great bedrooms, a single partially renovated bathroom and a spacious formal living area are complemented by soaring high ceilings and stunning hard wood floors. There is even a good old fashioned sun-room out back. If you picked this up and put it in Guildford, it would fit right in.

OUTSIDE
Until you need to realise the sub division potential, there is a huge yard, 2 sheds and a carport. Its all pretty easy care – especially if you have a tenant doing all the work for you!

WHAT NEXT?
I like to show tenanted homes by appointment – I think its fairer. So give me a call, and let’s go take a look together before its GONE. Call or SMS exclusive listing agent Andrew Fisher on 0403 675 737.