Under offer. With a combination of retro charm and development potential, this Shoalwater cutie is sure to be popular. Sitting on a 910m2 block in one of the region's most sought after coastal hideaways this character home offers the savvy buyer sooo much potential. Like they say, "They don't build 'em like they used to..." Ain't that the truth? Constructed 'old school', with brick and tiles resting on a solid foundation of limestone blocks, the home has heaps of retro features just waiting to be restored to their former glory. There are ornate cornices, feature door handles, the original front door - and yes, your suspicions are correct - those limestone blocks mean there are gorgeous jarrah floor boards just begging to see the light of day. There's work to be done but the results will be worth it. Even as it stands, the home has a nice relaxed feel to it with high ceilings adding a good sense of space. There are two good size bedrooms with the potential to utilise the lounge room as a third bedroom if you needed it. There's a great little north facing sunroom to the rear that gets bathed in sunlight, an internal laundry and that funky bathroom will have you feelin' like you're living in the sixties man! And now to the block - and this is where it gets exciting. With an R20 zoning, the block has the potential to be divided into two lots and there may be the opportunity to retain the original home and construct another home to the rear (subject to relevant approvals). Create a second rental income or build a home for mum and dad or the kids out the back - the choice is yours. Make no mistake - buying quality real estate is all about land and location and this place knocks it out of the park. The federal government's plan to invest eight billion dollars over the next ten years into the HMAS Stirling Naval base just five minutes away should see demand for rental properties and property in general in the area remaining buoyant. Features: * 910m2 block Zoned R20 (2 unit or duplex site) * Character 2 bedroom home * 1 bathroom * Lounge room * Kitchen/Dining * High ceilings, ornate cornices, skirting boards, retro door handles, timber windows etc * Garden shed * Please watch the video - it's all there : ) Please note - buyers will need to allow for connection to mains sewer within 12 months of purchase. Location Shoalwater is a suburb in demand - and for good reason. Bordered on its western edge by the Indian Ocean and Shoalwater Islands Marine Park, Shoalwater offers its residents a holiday lifestyle every day. There are beautiful beaches, boat ramps, and kilometres of walking and bike paths offering beautiful ocean views while you enjoy a sunset walk along the coast. You're close to heaps of local shopping, there's Rockingham city shopping and entertainment precinct close by and easy access to the freeway and bus and train service to Perth city. Contact Sharon Davey for more details.