231 Lake Street, Perth WA 6000

Here in this DECEASED ESTATE, coming to the market for the first time in more than 50 YEARS.

Auction onsite Saturday 30th November - 12:30pm sharp
Deposit: 5% of the purchase price
Settlement: 60 days

Don't be fooled by the unassuming facade of this inner-city gem!

The interior of this large home retains many of its original character features including timber floors, four-paneled doors with push plates, decorative plasterwork and an impressive fireplace in the formal lounge.

BUT THERE ARE OPTIONS!!
The existing home sits on an excellent block of 617 sqm with right of way access and R50 zoning.
• Option 1..Restore and extend a solid structure to create a family home in the heart of the city
• Option 2..Retain and restore the original structure and subdivide the block
• Option 3..Demolish the existing home to maximise subdivision potential

This a VERY RARE OPPORTUNITY to purchase a piece of land of this size in such an excellent location, especially with the multiple options it presents so don't delay!!

Council Rates: $1,798 p/a
Water Rates: $1,314 p/a
*Any reference to rates/levies and land/area sizes are approximate figures