RENOVATE, SUBDIVIDE OR DEVELOP!
4 Leslie Street
YAKAMIA, WA 6330
Snapping up this bargain buy will present you with so many options for boosting your investment – opportunities are just waiting.
It consists of a 1930s fibro and iron cottage on a terrific subdividable block of 1040sqm – that’s a quarter acre –near a shopping centre and within walking distance of schools and medical facilities.
At this price, making a modest extra investment also makes good sense. You could take the old house, install a new kitchen and laundry, do up the bathroom and give the place a facelift, and you’d have a comfy home for your own family or to rent out.
Another option would be to replace the building with two modern homes to sell on, or live in one and rent or sell the other – the possibilities are many on a block this size.
If you choose to take the renovation track, you have a well-built house with good structure to start with. Jarrah floorboards in great condition are under the coverings in most rooms, and wall framing is also jarrah.
The lounge at the front of the home is a pleasant room with windows on two walls. Beyond this is the open kitchen and big dining area, just waiting to be combined to create a modern cooking and dining space.
On the left side of the house are the three double bedrooms and the bathroom, which has been renovated at some stage. This has a bath with shower over, a vanity and toilet, and although it’s clean and useable, modernisation would pay dividends.
At the back door, there’s a playroom or sitting area and the laundry.
A driveway leads past the house to a double garage and heaps more off-road parking. There are two sheds as well as a great shade house with fitted benches, ventilation and two electric fans.
A sheltered patio overlooks the back yard, which is mostly in grass with raised vegetable beds and a few trees for shade.
Although it’s just around the corner from the main road, close to amenities for people of all ages and five minutes from town, this is a quiet spot.
It’s also the ideal site for a development or renovation project with real potential for financial growth.
What you need to know:
– 1930s fibro and iron cottage
– Bargain basement price
– Subdividable 1040sqm block
– Possibilities for modernisation or replacement
– Ideal renovator for family home or rental
– Walk to schools, shops, sports
– 5 minutes’ drive to town
– Jarrah floorboards and wall framing
– Lounge, kitchen, big meals area
– Three double bedrooms
– Tidy bathroom
– Playroom or hall at back door
– Double garage
– Two sheds, shade house
– Lawns and few trees
– Potential for financial growth
– Council rates 2018/19 – $1,813.91
– Water rates $1,353.73
Property Type: Residential Homes
Land Size: 1040.0 m²