169 Brede Street, Geraldton WA 6530

Unrealised Potential

Sometimes a property comes along that has a great deal of upside for the right buyer and in this case, it is the house as well as the block. The home is 1954 built that has a tile roof and has been re-clad in recent years. Typical of homes of that era, it has jarrah floorboards and inside is very much in original condition. One side of the house has had some re-stumping done however, it needs completing. There are several cracks inside the house due to this so be prepared to re-stump, repair and you will have a delightful 67-year-old home.

The block is 1,024 m2 and the zoning is R40 so it could be a four-unit site if you were to clear the block. The house is too good to knock down though so just take advantage of the wide side access and maybe build another at the back when you are ready.

The home itself is a 3 bedroom, 1 bathroom, lounge, kitchen/dining, sunroom plus a garage and workshop. Lots to like here and this will be sought after by those who can see what is on offer and are prepared to do the work. At $225,000, there is genuine value.