The word 'potential' is often thrown around in real estate, but surpassing potential are the real-life, right now possibilities for the lucky buyer of this one-of-a-kind home. With home business options and a self-contained granny flat, this property brings a world of options under one roof. Situated on a 617sqm corner block, the property is well located in a quiet area while remaining close to the lifestyle that Freo natives can't live without! Just a few minutes' drive (or you might even be happy to walk) and you can find yourself catching up with friends for breakfast at one of South Fremantle's many cafes, having a late afternoon drink in central Fremantle, or perhaps lunch over the water in East Fremantle. The house itself boasts character features including decorative ceiling roses and architraves, picture rails, high ceilings, and timber floorboards. To the central part of the home there are two bedrooms, two living areas and one bathroom. One of the living areas was originally a third bedroom but the current owner had the foresight to turn this into a second living area, giving you a generous dining room plus a separate lounge, all semi-open plan with the kitchen. The kitchen looks out through full glass doors to the rear decking, patio, off-street parking and backyard, where you'll also find an old railway carriage for a quirky studio, teen's hangout or kids playroom. A stellar attraction is the side of house along Edmund Street - able to be closed off from the rest of the home, and with a separate entrance, here you'll find an expansive third bedroom or potentially a home office/home business premises (home businesses are subject to council approval) plus a third living area or waiting room, kitchenette and second toilet. On the opposite side of the house is a fully self-contained granny flat with a large bedroom, spacious lounge, combined kitchen/dining, laundry and bathroom. There's no compromise on space here either! With its own entrance and off-street parking, it's an independent space that's filled with charm and modern amenities alike. Character residence + home office + granny flat = a must see!