This established property in a desirable location a few minutes’ drive from town offers numerous exciting and potentially lucrative options for savvy buyers.
It consists of a 1963-built (approx.) fibro and clay tile home on a relatively level 2,226sqm block, which has W.A.P.C. conditional approval for subdivision into four survey-strata lots, or it can be enjoyed as it is for a semi-rural lifestyle with various sheds, a freestanding games room or studio and enough space for parking and manoeuvring big vehicles.
A far-sighted buyer, however, would compound financial benefits through subdivision, and modernising the kitchen and bathroom in the home would result in another significant value-adder, whether for selling on or settling into.
This is a good, sound home with a practical layout making it a realistic proposition for upgrading.
Living areas consist of a good-sized lounge, a kitchen and dining area with a wood fire, and for outdoor drinks and barbecues, a private, covered rear patio overlooking the garden.
Three double bedrooms, a bathroom with bath and shower, a toilet off the laundry and a utility and storage room complete the picture.
The four approved lots comprise the front one of 819sqm with the home and a drive to the side, two of 371sqm further back, and the rear lot of 427sqm, the last three reached via a common property driveway along the side boundary.
There’s space on each of the rear blocks for a sizeable home with garages, a shed and gardens, all easy-care for today’s lifestyle.
Its location near the cul-de-sac end of a quiet street, in a leafy suburb and among similar substantial properties adds to its appeal with a wide scope of buyers, while families will appreciate the proximity to schools and a major supermarket.
What you need to know:
- Sound fibro and tile home, built approx. 1963
- 2,226sqm block with subdivision approval for four lots
- Games room or studio, several sheds – one with three-phase power, ideal for tradies
- Home with good indoor and outdoor living spaces, three queen bedrooms, bathroom with bath and shower, laundry, utility area
- Subdivision conditional approved for front lot (with existing home) of 819sqm, two of 371sqm and one of 427sqm
- Space for good-sized homes with garages and sheds on subdivided lots
- Leafy suburb seven minutes from town, near schools, shops
- Desirable lifestyle property or reap financial benefits through subdivision
- Council rates $2,330.92
- Water rates $1,564.13
This property at 5 Regent Street, Gledhow is a three bedroom, one bathroom house listed for sale by Kyle Sproxton at Merrifield Real Estate.
For more information about Gledhow, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Gledhow profile page.
If you would like to get in touch with Kyle Sproxton regarding 5 Regent Street, Gledhow, please call 0438 880 439 or contact the agent via email.
Track this property
Track propertyAre you interested in buying, renting or investing in Gledhow? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Gledhow offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.
Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities.