Set on a substantial 748 SQM lot, this quality home, built in 1972, offers a remarkable investment opportunity for those who recognize its potential. While the four-bedroom, one-bathroom residence needs some renovation, the true appeal lies in the spacious land it sits on, which opens up numerous possibilities for development and improvement.
The large land area not only allows for potential expansion or redevelopment but also provides ample room for outdoor features and landscaping.
Zoned R20/35 (Potential to subdivide into two lots or retain and build, subject to approval.)
Although the house requires some updating, this property represents long-term value as a strategic investment in the dynamic real estate market. With land becoming increasingly scarce, especially in desirable areas, acquiring a lot of this size offers a unique chance to benefit from future growth and appreciation.
Features:
Solar panels
Air condition
Four good size bedrooms
Massive backyard
Council Rate: $1898 P.A.
This property is currently leased with $350 per week till 26 MAY 2025
Disclaimer: While every effort has been made to ensure the accuracy of this advertisement, all information provided by the owner and their agent is offered in good faith. Prospective tenants are advised to conduct their own investigations to confirm all relevant details.
This property at 12 Bishop Road, Middle Swan is a three bedroom, one bathroom house sold by Bryce Xu at Honsun Realty on 01 Nov 2024.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Middle Swan or see other recently sold properties in Middle Swan.
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