148 Bourke Street, Piccadilly WA 6430

This property, located in a highly desirable area of Piccadilly, offers a wonderful opportunity for family living or investment, enhanced by subdivision potential under R40 zoning. Situated on a spacious 1012sqm block, the property is surrounded by beautiful wide streets and enjoys the benefit of being opposite a well-maintained park, providing a pleasant and peaceful environment.

Within walking distance are local amenities including a primary school, parks, shopping centres, hotels and the main central business district, making this an ideal location for convenience and lifestyle.

The existing residence is neat and tidy, featuring an open plan living area conducive to modern family life. Accommodations include four bedrooms or alternatively three bedrooms with a study, catering to diverse family needs or home office requirements.

The bathroom provides both shower and bath options, complemented by a separate internal WC and an additional external WC at the rear of the home, enhancing the functional living space for residents and guests alike.

A large patio runs across the rear of the home, perfect for outdoor entertaining and relaxation. A single carport is situated at the side of the property, providing convenient vehicle shelter.

For those requiring extra storage or workspace, a large shed equipped with three phase power presents excellent flexibility. This space is suitable for use as storage, a workshop, vehicle housing, or may offer potential for further development opportunities.

The property's R40 zoning presents exciting possibilities for subdivision, allowing the construction of a new dwelling on the rear portion with access from the side street. Additionally, there is potential to add a granny flat, subject to council approval, offering options for extra income or intergenerational living arrangements.

Currently, the property is leased until 28 July 2026 at $550 per week. The tenants have expressed a desire to remain, with rental payments expected to increase to $750 per week upon lease renewal, providing a steady income stream for investors.

Additional features of the home include connection to natural gas for cooking, heating, and instant hot water services. Comfort is assured with roof mounted air cooling and reverse cycle air conditioning in the lounge area.

The fenced rear yard provides privacy and secure access. Other outdoor amenities include a water tank and a garden shed, supporting sustainable and practical garden maintenance.

This well-presented family home or investment property presents a unique opportunity to acquire a quality residence with future development potential in a sought-after location. The combination of liveability, income potential, and subdivision options make it an attractive proposition.

Please note that every effort has been made to ensure information accuracy; however, details are subject to change and interested parties should verify all details independently.