BUYERS PLEASE NOTE: This property was the subject of vigorous negotiation last weekend between two parties vying to have their offer accepted for the property and after rejecting 5 previous disapointed buyers the Vendor has now accepted a CONDITIONAL offer which allows the Vendor to continue marketing 12 Egham Rd and accepting other offers to purchase right up until the purchaser’s offer becomes unconditional. This is expected to occur late next week.

What does this mean? This means that there is one last home open scheduled this Saturday 6/4/13 and if you have been watching this property this will be your LAST CHANCE to make a move on it before it is all too late. By late next week this property will be under unconditional offer and effectively SOLD.

Feel free to make contact for further information on the property but please note that the figure of purchase price is unable to be revealed or discussed.

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Your first inspection is guaranteed to leave you truly enchanted by this architectural example of 1925 federation bungalow Australiana situated on an elevated 574sqm block, with views to the city skyline from ground floor level.
Within this 2/3 x 1 tuckpointed & stucco rendered brick & tile home you will find all the beautiful architectural features that define the era. The property is enclosed by high private walls. Stepping through the courtyard gate reveals unexpectedly spacious gardens at the front, side and rear, all private and hidden from the street.

Enjoy an established garden of camellias, roses, frangipani, cherry blossom, lavender and trailing wisteria draped over a broad, shady and quintessentially Australian timber floored wrap-around verandah. The perfect spot after a day at the office for unwinding with a glass of wine whilst taking in the city skyline overlooking the kids and the dog playing in the private walled cottage gardens and courtyards beneath. The lawn and gardens are fully reticulated and automated to set and forget and all windows are fitted with security screens. The entire block is enclosed with high private walls so that your home and garden is a quiet, secluded, safe haven for children and pets to enjoy the property safely hidden from view away from the street. This sort of lifestyle is hard to find so close to the CBD. There is off-street parking for 2 cars behind the gated driveway which leads up paved steps to an enclosed cottage garden courtyard and a long tree-lined grassy strip runs along the city side of the property leading up to the back pergola area accessible from the kitchen via jarrah french doors.
Internally the home features soaring 12ft high ceilings with ornate plaster details throughout along with beautiful original stained glass windows/doors. A sunny bay window seat opposite the open fireplace in the lounge is the perfect spot to catch city glimpses through the cherry blossom.

This character residence features two open fireplaces and wide jarrah floorboards throughout. It exudes all the charm of yesteryear in a trendy modern urban setting so close to the river, parks, casino, nightlife, CBD, transport, cafe strip and a stone’s throw down the street to the exclusive Perth Montessori Private School for the modern urban professional family seeking an inner city family/work/lifestyle balance.

The catch? This grand old lady is a tired rough diamond that is ready for a loving renovation to bring her back to her former glory and refresh and update the kitchen and bathroom. There is work to do, but fear not because what you see is what you get, here. There are no hidden surprises lurking behind a quick fix, dodgy cover-up job designed to fool the unwary buyer. This house is remarkably honest and original – something that’s hard to find. It is an almost blank canvas awaiting your touch to refresh, renew and bring it into the 21st Century with a new lease on life.

The reward? A beautiful home with “great bones” on a comparatively large central-urban block, a unique lifestyle opportunity and both short and long term capital gains set to skyrocket as Burswood takes off with the myriad of future transformation plans and projects to rival its neighbouring blue chip riverside suburbs of South Perth and Kensington but with an extra facet that will transform it above and beyond with social, cultural, entertainment, lifestyle and sporting lifestyle bonuses that the other suburbs simply cannot offer within walking distance.

This is a truly rare find – a 1925 character residence that has not yet been snapped up & renovated to turn a quick, easy profit. If you are looking for a stunning, unique home for your family don’t waste money buying a renovated property designed to someone else’s tastes and decor. Start from scratch with this house and get it exactly how YOU want it.

The savvy investor will appreciate the prime location – there are countless nearby projects already commenced and receiving media attention such as the massive redevelopment of the Burswood peninsula and the exciting integration of this entertainment and residential district with numerous billion dollar projects simultaneously underway on the Perth Foreshore and the CBD such as Elizabeth Quay and the Burswood Stadium. All these projects have the one aim – to revitalise Perth and breathe life back into the city, and this property is located centrally to all of it earmarking huge potential capital growth for the lucky buyer.

The icing on the cake is the proposed future directions policy for Burswood Road at the bottom of the street. This is earmarked by the Council for re-zoning to turn it into a trendy Cafe & shopping/urban residential / office strip incorporating the proposed MAX light rail network that will involve a Melbourne-style tram running along Burswood rd to the CBD and stopping at all the new developments slated to draw people back into Perth, the AFL stadium, Elizabeth Quay, etc. Along with this, the parklands at the bottom of the street and all around the area are due to gain a massive annual cash boost in the region of millions a year toward their upgrading and upkeep thanks to an agreement between the State government and Crown Casino. In short, BILLIONS of Dollars are being spent on leisure and lifestyle within minutes of this hallmark property.

There is just so much happening within such a short distance that it is impossible not to appreciate the untapped benefits of this property. The current owner is only reluctantly moving on to more tax-effective investments because the property is now no longer negatively geared after several years of ownership and is returning a positive cash flow.

Whether you desire the ease with which you can participate within the lifestyle and community facilities so readily accessible from this property, or instead you recognise the genuine growth in profit that your thoughtful renovation backed by the tremendous boost these massive urban development projects will generate, you cannot lose with this purchase both from a lifestyle perspective and financially.
Whether you are in the market for a family home or a wonderful investment opportunity, all bases are covered here. Bring back this glorious federation bungalow and let it become a beautiful home to your family, a profitable investment for the future and a lasting legacy to the Australian way of life from a bygone era.