Superbly located for prospective owner-occupiers, investors or developers, this substantial R40-zoned property poses several lucrative options for astute buyers. It is within a short stroll of major business precincts and downtown Albany essentials and attractions. Choose to move in and embrace inner-city living, lease as presented and earn a solid rental income, or capitalise on the excellent potential to redevelop the site subject to the relevant planning approvals. The flexible zoning allows for a multiple residential development, or offices, and administration and government services subject to the relevant planning approvals. The existing property features a charming, very well-maintained and presented retro 1960's home set on a modern fenced 1012sqm lot, with a drive-thru double carport to a double lock-up garage and two fenced yard areas. Featuring high ceilings, ornate cornices and original etched glass doors, exploring the home is a real blast from the past from the separate dining area to the character lounge and traditional, spacious country kitchen. The remainder of the home including the four bedrooms, rear utility area, refreshed bathroom and separate toilet have been so well kept over the years. The neat laundry, with heat pump hot water system, is accessible from a ramp off the back of the home. Snap up this potential plus property today and either hold long-term or capitalise on the zoning now. For more detailed information or to arrange a private viewing please contact Jason Coutts on 0403 260 404 or email [email protected]