Whether you're up for a renovation project or a solid blue-chip investment, this property should be on your list! Positioned in the heart of prestigious Applecross, a leisurely stroll from the Swan River and 'The Village' precinct, it features three bedrooms with built-in robes, two bathrooms, split system air conditioning, a spacious alfresco pergola and a double carport. The generous 588-sqm rear site will effortlessly accommodate singles, couples and small families, and the property offers the option of adding a second storey if desired. With its iconic Jacaranda-lined streets and beautifully kept homes, it's easy to see why this pretty riverside suburb is perennially popular! You'll be surrounded by excellent schools, including Applecross Senior High School, Applecross Primary and St Benedict's Catholic School, premium shopping amenities and a plethora of local restaurants, cafes and small bars. Walk 280-metres to Canning Highway for bus transport, stopping at Canning Bridge Station en route to the Perth CBD. With some cosmetic improvements, you can easily earn up to $700 rental income per week in this pretty suburb, thanks to the idyllic location and fantastic local amenities. Fresh paint, new carpet and blinds, and some landscaping will create a welcoming home for tenants - or undertake more extensive renovations to create your forever home. Either way, you will never lose! This one will disappear in a heartbeat, so contact Tibor Kiss from Xceed Real Estate without delay on 0412 200 188.