Many possibilities present themselves with this property.
It could be an excellent entry point into the market for a First Home Buyer which would mean a savings of just over $7000 in stamp duty and an additional maximum benefit of $9000. It is well located with educational facilities nearby and the beach and CBD within a short distance.
Built in the 1960's you will enjoy restoring the jarrah floors and the DIY renovations. All the plumbing and electrics were completed in 2007 - a great cost saving to you.
Under the Grouped Dwelling requirements in the local planning policy and depending on the design it may be possible to construct two dwellings on this 784m2 block.
Was previously tenanted at a weekly rate of $250 and considering the location - this one is worth a look.