140 Leach Highway, Melville WA 6156

SOLID HOME ON BIG R40 BLOCK!

An outstanding development opportunity presents itself here for the astute investor.

This 879sqm GREEN TITLE BLOCK offers myriad options. The property has fantastic subdivision potential, with recent revitalization changes within the suburb of Melville ensuring that this lot holds a R40 ZONING, meaning it could be converted into 3 or 4 blocks. It has a wide street frontage of 25.9m, in a VERY CONVENIENT Melville pocket near public transport, schools and shops.

The original BRICK & TILE home itself offers much more than initially expected, with spacious living areas and refurbished features. Internally it offers 3 bedrooms, 2 bathrooms, lovely cottage style kitchen warm and cosy lounge room, separate dining room and second level extension. Although the true value here is in the land, the home certainly presents as a fantastic option for a growing family or a great rental property for those looking to invest. The dwelling is set well back from the road and has generous options for off street parking including a lock up garage.

IMPORTANT FEATURES:

- 879sqm block with R40 zoning
- Private & secure with high brick wall at front
- Renovated kitchen featuring Tasmanian Oak bench tops
- Renovated main bathroom with deep spa & stone tops
- Modern laundry with ample storage
- Lush mature gardens with lily filled pond
- Just metres from Melville Senior High School
- R/C Aircon
- Original Jarrah floor boards
- Large rear workshop

This property will suit buyers looking to SUBDIVIDE AND PROSPER, or those looking for a charming home on a big leafy block. For investor buyers the home would offer a solid rental return and obvious capital growth in the substantial land holding.

Put this ONE on your list to view this week!

Contact Exclusive Listing Agent MICHAEL JENNINGS for more information.