Recently returning a Gross Income of $30,000 per annum and set up as a Share Accommodation. Could potentially GROSS $40,000 with its 4th bedroom. Also has sub divisional and re-development potential with its prominent corner location. Total area of around 600sqm and Zoned Residential Policy 12, City of Marion. Or of course, it can convert back to a wonderful family home subject to the expiry of the current leases (2). Positioned within easy walking distance of Marion Road, this 1965-built home is solid brick and a solid investment. Behind its modest exterior you'll be wowed by a beautiful wide entry with feature stone flooring, where sliding doors to your left reveal a generous front living area constantly flooded with glorious natural light courtesy of huge north-facing picture windows. A very functional kitchen overlooking an adjoining meals area is neat and tidy with gas cooking and ample storage, with the favourable option of a separate formal dining room for entertaining or special occasions. Three extremely well-sized bedrooms are located to the right of the entry, where you'll be hard pressed to choose a master. Bed one enjoys a built-in robe and slightly larger dimensions, while bed two finds itself with views of and sliding doors to its own private front courtyard with substantial lawn area. A central bathroom with shower and bath shows its age slightly in décor but not upkeep, positioned next to a separate w/c and large laundry. You'll love the flexibility – and proportions – of a fourth bedroom or home office with sliding door access to the rear carport and expansive undercover outdoor entertaining area bordered with lush greenery. Extras: - Split system reverse cycle air conditioner to lounge - Ceiling fans to beds 1 & 2 - Built-in robe to beds 1 & 3 - Garden shed - Secure carport accessible via Shaun Crescent Walk to transport, Marion Foodland, Primary School and Hotel, with the picturesque Peterson Avenue Reserve just metres away and Westfield Shopping Centre a four-minute drive.