255 Spencer Road THORNLIE, WA 6108

Conveniently located on a massive 835sqm (approx) block within a short walk to the Thornlie Train Station, this 4 bedroom property needs your tender, loving care to help restore it back to its beauty, or demolish and build two, with a R20/30 zoning allowing for up to 2 homes to fit on this square block. The property features spacious living areas and bedrooms, which will hold as a solid investment whilst plans, surveys and drawings are done up for a redevelopment.

The property is currently rented at $425 per week on a lease until the 18th of January 2014, meaning the option for vacant possession at settlement is available, but the tenants would be greatly appreciative of a lease extension.

With Features Including:

• Access to the property via a "Slip Road", not actual street frontage onto Spencer Rd
• Parking for 3 - 4 cars off the street
• Entrance into hall and main living area
• Dining leading into the kitchen
• Kitchen with Electric Cook Top, Range Hood and plenty of bench/cupboard space
• Master bedroom with built in robes
• Bathroom with shower, bath and vanity cupboards
• Double Sized 2nd and 3rd bedrooms both with built in robes
• Ducted Evaporative Air Conditioning
• Single sized 4th bedroom
• Large Backyard with plenty of potential for large workshop shed or pool
• 835sqm block (approx)
• R20/30 Zoning which will allow for a subdivision if the existing home is demolished (STCA)
• $425 per week in rent fixed until 18/01/14 with potential for vacant possession or to keep the tenant

- Council Rates: $1250 per annum
- Water Rates: $769.84 per annum
Age of Property: 1969

Call Cameron today to receive more details or inspect on 0411 598 969 or email to cameron.smart@raywhite.com