Ray White Cannington is excited to present this awesome investment with high land value content for redevelopment close to Beckenham train station. Set up for rent by room accommodation this 5 bedroom home is ready to demolish and redevelop and is being sold as inspected as the seller is not in a position to repair and maintain the property further. Some maintenance and repairs are required if wishing to continue renting, however we are selling "as inspected" at land value only. We will provide electrical and smoke detector compliance for the buyer wishing to continue renting for the time being. LAND OPTIONS - Set on 829 square metres of land zoned R20/R60 - Bulldoze the original home and you have a potential for 4 or possibly 5 unit development site at R60 - Retain existing home and build behind - Both options are subject to Council approval HOUSE On offer is a five bedroom one bathroom home. Set up for investors who are looking to develop the land in the future with rent by room accommodation close to the train station. Features Include: - kitchen with electric appliances and abundance of storage - Very large L shaped living area comprising of dining, lounge with enough space to have casual meals, study or games room - the options are endless - Two large bedrooms - Three medium sized bedrooms - Walk through laundry to bathroom, which features hand basin and separate w/c - Bathroom featuring shower over bath, vanity - 26 Solar power inverter panel system - Working pot belly fire place - Covered patio area, and a large rear storage shed. - Presently returning $520 per week gross - with only 4 bedrooms leased Development Land is becoming scarce so investing in your future with high land value property is your assurance of capital growth to build equity. Act fast and view by appointment today !