This value-packed property could potentially be seen as a large 5 bedroom 3 bathroom home plus study if the studio was converted to a granny flat (already has a toilet with its own leach drain and a kitchenette) and the equally large room upstairs was used as a large bedroom. Another option would be to use upstairs as a large home office space. As you can see this is a very versatile property and is the perfect blank canvas for a growing family which has the ability of completing some renovation works over time. Additionally there is current interest for the studio to be leased as an art studio which means possible extra income for the new owners.
The large pool would take minimal expense to have up and running again compared with fitting a new pool and there is a sizable workshop perfect for the home project tucked away in the corner of the block with a large ‘I’ beam for hoisting heavy loads.
There is a large area in front of the home which is ideal for parking multiple vehicles if necessary, along with the circular drive leading to the double garage. A very solidly-built home, it contains two living spaces as well as formal and informal dining areas.
10 West Terrace is close to schools and also existing public transport as well as being only approx 4,000 meters to the new Forrestfield Train Station for which work began in 2014 and will be completed in 2020. Catching the train from there will take you to both airport terminals and then to the city in a total of 20 minutes.
There is more bricks and mortar value in this property than what the owners are asking for, and a modest renovation would realise the additional value within this unique property and therefore it would be a great investment in this regard.
Features include:
- Large half acre block
- Beautiful western aspect looking out over the city lights
- The studio contains its own kitchenette and toilet with its own leach drain system
- The existing studio could possibly be used as a sizable granny flat, teenage retreat, games room or a dedicated music room.
- Reverse cycle split system air conditioning
- Double lock up garage with remote door
For any extra information about this fantastic property please call Tim Verbunt