8 Michael Rd, Waikiki WA 6169

Stunning Location with Development Potential...

Wow!!! What an amazing location.

Perched high on Michael Road this original 4 bed 2 bath home enjoys OCEAN VIEWS from the balcony, back living area and your master bedroom.

Walking to the beach is a breeze with beautiful Waikiki Beach literally just a minutes walk from your front door.

The existing residence is a substantial 4 bedrooms 2 bathroom home in original condition with the master bedroom, ensuite, bedrooms 2, 3 and family bathroom all upstairs.

Downstairs is an additional bedroom equipped with kitchenette and WC - perfect for a teenager's retreat, granny flat or studio. The laundry is also downstairs and has a shower, perfect for when returning home from your swim at the beach.

You have access to the single garage to a double garage (brick) in the backyard - the perfect place to store your tinny, jet skis, kayaks etc.

But the real money in the bank' here is the 911m2 block zoned R20

This means you have the option to subdivide the block into two lots (pending council approval) and the opportunity to build not one but two beautiful, modern beach side homes. A strategically designed home to the front of the block has the potential to enjoy ocean views that will never be built out.

So the choice is yours - renovate the existing home and enjoy your oasis by the beach as is.

Build your dream home on a huge 911m2 block and enjoy life on a beach side estate.

Or eventually develop the block into two fabulous, modern beach side homes and double your investment you do the maths - the potential for two beach side block in this price range on the doorstep of one of Perth's most beautiful beaches?

Life's great when you have choices.

Features:

- 4 bedrooms 2 Bathrooms
- Master bedroom with ensuite, walk in robe, shutters and ocean views
- Split system air conditioner to upstairs living area
- Wood fire upstairs
- Kitchen has a new wall oven
- Lounge room has a manual shutter to the window
- Laundry downstairs with a beach shower
- Outdoor living area
- Huge backyard
- Double garage (Brick) to the rear of the property
- Single garage under existing house with 2 car parking end to end
- Studio or 4th bedroom downstairs with kitchenette and toilet
- 911m2 block zoned R20

This is a fantastic opportunity to secure a rare property and represents amazing value so don't delay.

Call Sharon Davey now to arrange a private viewing. You won't be disappointed.