Under Offer by Peter Kasten
Situated in a quiet leafy local street and easy walking distance to Wembley Downs Primary, "The Downs" shopping centre, parks & amenities and only a few minutes drive from the beach. The location of this property presents many lifestyle options but the property itself will provide one lucky buyer an abundance of investment opportunities.
1,012m2 of prime Wembley Downs land is on offer here! A solid 3 bed x 1 bath home sits on the block and is ripe for renovation. The house is perfectly positioned on the front half of the block, making this property also the perfect candidate for subdivision.
Explore the possibilities.....
Option 1 - Subdivide the property, build on the back block and renovate then rent the front house. In order to subdivide, minor adjustments need to be made to the front house to allow for a driveway to the back.
Option 2 - Renovate then live in the front house, subdivide the property and sell the back parcel, taking a large chunk off your mortgage.
Option 3 - Subdivide then demolish the existing house and build two new homes.
Option 4 - Renovate then rent the front house out until you are ready to...show more
Lot/Plan No: P005292 74
Lot/Plan No: P005292 74
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