72 First Avenue

Bassendean WA 6054

Perfectly positioned on a 437sqm R20/40 zoned block in one of Bassendean's most convenient locations, this charming character home presents an exceptional opportunity for a wide range of buyers. Whether you're looking for an investment with immediate income, your first step into one of Bassendean's most sought-after streets, or a character home to add your own personal touch over time, this is a property that offers both immediate appeal and exciting future potential.Beyond the welcoming front porch, timeless character meets modern comfort. High ceilings, polished timber floorboards and fresh neutral decor create a warm and inviting atmosphere, while the spacious front lounge with its ornamental fireplace is the perfect place to relax. The upgraded kitchen has been thoughtfully updated with a breakfast bar, electric cooking, generous storage and ample preparation space, making it both practical and stylish.Adding to the home's versatility is a separate enclosed bonus room beneath the front verandah. Currently used as an art studio, this flexible space would be equally suited as a home office, creative studio, hobby room or simply additional storage. With its own external entrance, it offers valuable separation from the main home and endless possibilities to suit your lifestyle.Step outside and enjoy the covered patio overlooking the easy-care backyard, providing a private setting for entertaining or unwinding after a long day. The generous yard offers plenty of room for children and pets to enjoy. Property highlights- Approx 437sqm block - Character home with high ceilings throughout - Timber floorboards - Renovated kitchen with breakfast bar and ample storage - Spacious front lounge with ornamental fireplace - Split system air conditioning - Covered outdoor entertaining area - Easy-care gardens - External home office - Gas storage hot water system - Currently leased through an NDIS-supported housing arrangement until November 2026 - Potential for lease extension - Potential funding available for a future bathroom renovation - Separate enclosed bonus room with its own external entrance, ideal as a home office, art studio, hobby room or additional storageFor first home buyers willing to wait until the current lease expires, this is a rare chance to secure an affordable character home in a tightly held pocket of Bassendean. Move in when the time is right and continue adding your own style and value while enjoying everything this wonderful neighbourhood has to offer.Currently leased through an NDIS-supported housing arrangement until November 2026, the property provides immediate rental income with the potential for the agreement to be extended beyond the current term. There is also the possibility of funding being available for a future bathroom renovation, adding even more value for the next owner.Conveniently located within walking distance of schools, local parks, cafes, shops and public transport, you'll also enjoy easy access to Bassendean Town Centre, the Swan River, Perth Airport, Perth CBD and the Swan Valley.Whether you're searching for a quality investment with secure income, your first home in a fantastic location, or a character property with scope to further enhance and make your own, this is an opportunity not to be missed. Contact Leanne Glossop on 0414 225 414 for further information.