Stop looking and start dreaming of the possibilities! Positioned in a prestigious residential enclave with dual street frontages onto Fraser Street and Clayton Street, this is your chance to secure a large landholding full of potential. Perfectly located just a stone's throw from the Swan river foreshore and close to sporting clubs and Richmond Primary school, this renovation rescue character home on 911 square metres of land offers an exciting opportunity to break into this thriving suburb. Currently the site of a 1930's home that has been extended, the property is zoned R12.5, but under the Town of East Fremantle's local planning scheme, there is the possibility (STCA) to subdivide and build two quality street front homes. The front part of the home is in relatively original condition and features the period features of high ceilings, wooden floorboards and large rooms. An extension towards the rear includes a kitchen, living and family areas opening to the rear gardens and garage and carport. There is plenty of scope to renovate the existing property, or wipe the slate clean, demolish and rebuild the home you have always wanted or subdivide into two blocks - the potential here is endless. An investment in this desirable location is a smart decision. A rare opportunity to create a new residential project, with various options, in this affluent riverside suburb, where the Swan River, yacht and sporting clubs, river walks and cycle paths, are all part of the East Fremantle lifestyle. For further details please contact Exclusive Selling Agent Clare Hickey-Shand from Yard Property on 0424 593 136. 4 bedrooms 2 bathrooms 4 car 911qm Expansive 911 sqm corner block Potential two-dwellings development STCA Fantastic investment in prestigious riverside suburb Minutes to Swan River foreshore Close to shopping, restaurants, cafes Walking distance to Richmond Primary school Being sold in AS IS condition Blue Chip land value investment