This is an unbelievable opportunity to purchase, 3 houses from the beach, in one of Cottesloe’s favourite streets for $1.59 million! The owners are also buying at a reduced price and are keen to relocate soon to a HORSE property so they will be able to pass the savings to the new buyer.

The beautiful Deane Street is situated off Marine Parade and 1 street from the Sea View Golf Course and just a short distance from the famous main Cottesloe Beach. Walk to trains (heading to Fremantle or the city) or over 20 restaurants, pubs, the best shops and playgrounds.

The solid double brick 4×2 house has been renovated and has two new bathrooms with granite bench tops. The wide open plan living area with wooden floor is at the back of the house, and overlooks 200sqm of garden. The house is sheltered from winds, protected from the sun by a large deciduous tree in the front, and extremely quiet and private. The back lane leads to peaceful Sandy Bay on the beach, which is only a two minute walk from the back gate.

Houses in Deane Street are for sale between $3.5, $4.7 and $10 million. A recently sold property opposite to this home sold for $3.5 million.

Though this home is lovely to live in as is, the development potential for this property is huge, as the vehicle entry can be changed from the front to the back lane, where a second storey from the garage would provide ocean views which cannot be built out. As the house is a solid structure, by its location, extension would increase the value substantially.

This might be the last chance before prices will increase, as the owners are considering renting it for $1200 – $1500 a week and develop it later.

For Deb Brady’s Insight on Real estate make sure you check out her blog:

http://deb-brady.blogspot.com/