Discover a charming and well-situated 4-bedroom, 2-bathroom home, perfect for investors or occupiers looking for a promising addition to their property portfolio or a place to call home. Located in Lakeside, this residence boasts a generous 797 square metres of land, offering ample space and flexibility to suit your needs. Upon entering the property, you will be greeted by a spacious open plan living area. The home is tiled and air conditioned throughout to suit the Kimberley climate. The master bedroom features a convenient ensuite, with a newly tiled shower recess, new toilet and vanity basin. The large vanity offers plenty of storage space, there is a second main bathroom serving the other three bedrooms offering a shower recess, vanity and bath. The owners have carried out some recent works in addition to the ensuite including some internal painting to walls and skirtings and other maintenance items. A fully drilled termite barrier was also completed in July 2023. Stepping outside, you will find a large undercover entertainment area, with enough space to create a dining and lounge zone, perfect for hosting friends and family while enjoying the picturesque and well-established lawns and gardens. The sizeable block also allows for rear access, providing additional convenience and versatility. The property is currently under a Government lease, recently renewed to April 2025 and has been continuously leased since 1996, the rent has been reviewed to $800 per week. Though the house has been well-maintained by the current owners, there is potential for the new buyer to carry out refurbishments and create a more modern aesthetic. This unique opportunity allows future occupiers to secure a 4 x 2 at a reasonable price, whilst hopefully leaving funds available to refurbish the property to their own taste and style. Don't miss out on this fantastic property offering both excellent investment potential or the chance to create a modern and spacious home to call your own!