Shenton Park, 405 & 413 Railway Road – Contact agent

Shenton Park, 405 & 413 Railway Road – Contact agent

CONSISTING of two lots, this property presents a range of opportunities for an astute buyer.

The owner is prepared to demolish the existing three-bedroom, one-bathroom home, allowing 311sqm lot 35 and 395sq m lot 36 to be sold individually or as a pair.

There are so many possibilities – buy the entire property and live in the home or rent it out, demolish it and build a new home on the combined lots, buy one of the lots and build a new home, buy both lots and build two homes to live in, rent out or sell.

The owners bought the property in 2015, attracted by its proximity to the train station, schools and shops.

“Lake Jualbup is just a stroll away and Claremont Quarter is a 5-minute drive or a couple of stops on the train,” they said.

Built in the 1960s, the existing home has traditional limestone foundations, feature chimney stack and a raised terrace.

The owners said the elevated position enabled the house and garden to get sun, with natural light streaming through the house most of the day.

Views were another benefit.

“The rear of the house provides a stunning panorama from the City of Perth on the left, over Kings Park ahead, past the hospital and the UWA towel to the right,” they said.

Both lots offer city views from ground level, and the outlook would be even better from a two-storey home.