SOUTHERN LIVING, This plain Jane has much to offer

26 Minor Road, Orana

Price $269,000

Agent Merrifield Real Estate

Contact Lee Stonell

0409 684 653

There’s an opportunity here for an astute purchaser to invest in this substantial property and reap the rewards in the future.

It comprises a 1960s built fibro and Zincalume home on a 1322sqm block (almost a third of an acre) with a garage and carport.

The Minor Road property backs onto Katoomba Street, so it has two-road frontage, which would be of particular interest to developers.

Zoned R25 and with deep sewerage connected, it is big enough to be subdivided into at least two lots, each with its own street frontage, for resale, or for building two family homes or possibly up to four villas after the removal of the existing building (subject to approval by the relevant authorities).

A buyer wishing to take this route could rent out the home while progressing plans and permits, realising an income into the bargain.

Another alternative is to simply install tenants and leave the development strategy for later.

The home is dated, but it is sound and liveable as it is, even though a minor spruce up would pay dividends.

It has a few classic original features, such as the high ceilings, some with decorative roses, and timber window frames. Under the floor coverings are jarrah floorboards and the frame and stumps of the dwelling are also from solid jarrah.

A centrally positioned tile fire heats the lounge and adjoining meals area as well as the nearby bedrooms, all of which are double size. A gas bayonet is also available for gas heating. There’s a bath and shower in the bathroom and an enclosed sunroom at the back door.

The kitchen has a gas stove and a window overlooking the back yard, with views through to the Porongurup Ranges on a clear day.

A driveway leads past the house to the garage and carport. There’s a rainwater tank sitting just behind the house and towards the back boundary, a garden shed.

All amenities are within easy reach. A major supermarket, the cinema, schools, TAFE and town are all a few minutes away, making this location desirable for tenants and future home owners alike. Considering the potential for this price, the property could turn out to be the bargain of the year. The property must be sold and the sellers are open to offers so don’t hesitate to discuss your interest. Home open Saturday 1pm.