Auction Location: Online Auction This gorgeous circa.1940 bungalow property takes the term 'fringe dwelling' to an entirely new level! Aside from the obvious aesthetic appeal of the charming dwelling, there's also 696sqm of prime urban real estate - zoned R160 (mixed-use residential/commercial) and brimming with development potential. Inside the home, find three spacious bedrooms, a study, bathroom (two WCs) and character features such as original jarrah boards and soaring decorative ceilings. Set on solid limestone footings and with a quaint bullnose veranda, it could be returned to its former glory by a keen renovator. Alternatively, take advantage of the hot rental market and lease this beauty in the short or medium term while you explore the exciting development options, including a potential mixed-use highrise complex (subject to local authority and WAPC approvals. Buyers to conduct their own due diligence and make enquiries to the City of Vincent). Moments from Perth's CBD, Northbridge, Leederville and rail transport, this premium city fringe location is always in high demand. Stroll to festival and live music events, endless eateries on Oxford Street, and enjoy proximity to Loftus Recreation Centre, Hyde Park and magnificent Lake Monger. Don't delay - contact Adam Whitford of Xceed Real Estate on 0406 616 608 with your interest today. Features include: Elevated 696sqm prime site with city views Zoned R160 - mixed-use (residential/commercial) Highrise potential 3-bedroom character home Separate study area Large workshop with ROW access Bathroom, laundry, 2 WCs Air conditioning Large covered alfresco area Gas cooking in the kitchen Location (approx. distances): Perth CBD 1.9km Central Leederville precinct 900m Leederville Station 1.0km Hyde Park 1.5km Lake Monger 1.8km North Perth Primary School 1.3km St George's Anglican School 1.6km Aranmore Catholic School 2.0km