25 Preiss Street, Lockyer WA 6330

Profit Potential Extreme – A Diamond in the Rough

Yes this old girl looks a bit tired on the outside, but what an absolute belter if you want to get into something at a great price, and add your own value by improving the current home, and/or subdividing.

This one does need some work, but come inside and you will be astonished by the glorious charm of the home. The core of the building comprises lounge, kitchen, dining, and bedroom, and these four rooms have incredible character and an amazing homely and warming feel - think Oregon pine floors that came out as ballast in ships in the 1800's, high ceilings, recycled doors, lovely light, and the original brick fireplace and kitchen hearth. Additional rooms feature jarrah boards and include another three bedrooms plus possible study area, good laundry, and bathroom with bath and shower. There is a great enclosed verandah at the front, a character garage, and even a second outside loo at the back!

The block itself is on the big side at 951sqm, which with an R25 zoning has subdivision potential for two lots. There is generous side access for vehicles and plenty of room to build a great shed (allowance 100sqm).

This property is perfect for anyone on a tight budget. For first homeowners with a few handyman skills looking to get in cheap and add value, for tradies who can benefit from mates rates, and investors who can't go past something this good. In fact, any savvy buyer with a small amount of money to spend will be jumping for joy.

The phone will be running hot on this one, and the email will probably catch on fire. This gem will be sold as-is, where is.

For your private inspection or more information please contact Blair Scott on 0459 024 026.