12 Hillman Street, Spencer Park WA 6330

Whether looking to reap rent, move in and renovate when the lease expires, or consider the redevelopment prospects, this R40-zoned property presents a key opportunity to buy into a central suburb of Albany now in considerable buyer demand, and with good reason.

It is close to schools, shops, medical and sporting amenities, public transport and downtown Albany and the beach.

Subject to approvals, there would be enough land available to subdivide the property into three easy-build lots to fit a dwelling on each, if the existing home was removed.

Built in 1950 and pretty much in its original form, the jarrah floor, high ceiling home has an entry hall with storage and access to a separate lounge, with an/c air-conditioner.

There are also two bedrooms and an open simple kitchen and dining area, with a modern upright stove.

At the rear are the wet areas and a third bedroom, and a patio to the spacious, sunny aspect backyard, which is virtually a blank canvas aside from the single garage.

The property is currently leased at $340 per week until 30/06/2025.

Invest close to the city and reap the long-term investment or lifestyle benefits.

For more detailed information or to arrange a private viewing please contact Kevin Naylor on 0412 748 299.