This circa 1950's rustic gem surrounded by renovated and extended homes offers buyers many options including: rent and hold, renovate & extend or demolish & rebuild. Future renovations offer the potential of an outlook to the city and Lake Monger Reserve.This sought after location between city & beach guarantees occupants an envied lifestyle, convenience and a history of solid capital growth.Wembley Primary School and Lake Monger Reserve are within easy walking distance, while Wembley, Leederville and Subiaco café strips are just a short 5 minute bike ride away.Features include:Two double bedroomsLounge/dining with split system a/c unitHallway/entrance with linen storageKitchen - circa 1980's with plenty of cupboard spaceBathroom with big bath, shower and pedestal basinSeparate laundry with linen storageSleepout / Sunroom / separate WCTimber floors throughoutReticulated gardens and lawnsRear gate access to sealed laneway645sqm block zoned R20The property is presently leased to quality long term tenants at $560/week until 24th May 2016. However, vacant possession at settlement is a possibility upon negotiation with tenants.For viewings or additional information please call Darren on 0417 551 557 or email.