Size, Location and Character Combined With Huge Potential

Once in a blue moon, a rare Como gem like this one comes to market.<br/><br/>These two adjacent properties are for sale together. True development potential with the current R20 zoning offering a full array of possibilities to the astute investor or developer.<br/><br/>* Buy the 2 properties and rent out the 2 houses for a potential total rental income of $ 980 per week (Approx. $ 51,000 per year)<br/><br/>* Demolish the existing houses, amalgamate the 2 titles and subdivide them into 2 blocks, 531 Sqm each (STCA)<br/><br/>* Buy and Hold the property until the potential re-zoning to R30 takes place, then subdivide into 3 lots (STCA)<br/><br/>This unique property also offers a perfect house for a big family, with two spacious houses sharing the same roof and a common wall between them.<br/><br/>16 Brittain Street: 526 Sqm, 3 Bedroom, 1 Bathroom with Multiple Car Parking Spaces<br/><br/>16A Brittain Street: 246 Sqm, 2 Bedroom, 1 Bathroom with 1 carport<br/><br/>Common-Use Front Yard: 290 Sqm<br/><br/>The total size of the 2 properties combined: SQM 1,062, with approximately 20 Meter Frontage.<br/><br/>Location can't be more convenient, with Canning Highway and public transport both within approximately 300m, Cafes - 180m, Penrhos College - 300m, Shops - 1km, Como beach - 1.7Km, Canning Bridge - 1.8Km, and Perth CBD - 6km.<br/><br/>The two houses that were built in 1986 are very well maintained and were renovated recently, therefore they present in an amicable condition, and include the following features, among many others:<br/><br/>* Open plan living area, with an inviting and easy-to-clean Laminate and Timber floors<br/>* A large front yard for the common use of the 2 properties<br/>* Spacious Alfresco and Backyards<br/>* Gas Water Heating Units<br/>* Evaporative Cooling Air Conditioning throughout<br/>* Split System Air Conditioning in the main living areas<br/>* Split system Air Conditioning. In the main bedroom (No.16)<br/>* Good Sized Bedrooms<br/>* Plenty of white-coloured Kitchen cabinets and large storage space<br/><br/>This one-of-a-kind property needs to be inspected to be appreciated. Call Saleh Manhy now to arrange an inspection and don't miss out on this rare opportunity.<br/><br/>* The 2 properties can be sold individually, subject to successful negotiations.<br/><br/>Disclaimer: Buyers need to do their own due diligence with the City of South Perth and the relevant government authorities, with regards to the zoning, potential re-zoning, and subdivision potential.