5 Bedrooms with Development Potential - R20/R60

Ray White Cannington is excited to present this awesome investment with high land value content for redevelopment close to the train station. <br/>Set up for rent by room accommodation this 5 brm home is ready to demolish and redevelop and is being sold as inspected as the seller is not in a position to repair and maintain the property further. <br/><br/>Some maintenance and repairs are required if wishing to continue renting, however we are selling "as inspected" at land value only. <br/><br/>We will provide electrical and smoke detector compliance for the buyer wishing to continue renting for the time being.<br/><br/>LAND OPTIONS<br/>• Set on 829 square metres of land zoned R20/R60 <br/>• Bulldoze the original home and you have a potential for 4 or possibly 5 unit development site at R60<br/>• Retain existing home and build behind <br/>• Both options are subject to Council approval<br/><br/>HOUSE<br/>On offer is a five bedroom one bathroom home. Set up for investors who are looking to develop the land in the future with rent by room accommodation close to the train station.<br/><br/>Features Include:<br/>• kitchen with electric appliances and abundance of storage<br/>• Very large L shaped living area comprising of dining, lounge with enough space to have casual meals, study or games room - the options are endless<br/>• Two large bedrooms <br/>• Three medium sized bedrooms<br/>• Walk through laundry to bathroom, which features hand basin and separate w/c <br/>• Bathroom featuring shower over bath, vanity <br/>• 26 Solar power inverter panel system<br/>• Working pot belly fire place<br/>• Covered patio area, and a large rear storage shed.<br/><br/>Development Land is becoming scarce so investing in your future with high land value property is your assurance of capital growth to build equity.<br/><br/>Act fast and view by appointment today!