5 Morley Street

Maddington WA 6109

Opportunities like this don't come around often. Set on a huge 1,214sqm block in one of Maddington's most convenient pockets, this beautifully renovated home delivers the perfect balance of character, comfort and space. A solid build and thoughtfully updated throughout, it offers all the charm of an established home with the modern finishes buyers are searching for.Step inside and you'll immediately appreciate the warmth and functionality of the home. The renovated kitchen, bathroom and laundry provide a fresh, contemporary feel, while the open plan lounge and dining area creates an inviting space for everyday living. Split system air conditioning ensures year round comfort, making this a home that's ready to move straight in and enjoy.Outside is where this property truly separates itself from the rest. The enormous backyard provides endless room for children to play, pets to roam or future plans to take shape. Whether you're dreaming of a pool, a larger workshop or simply want the luxury of space, this block gives you options. The spacious garage offers room for both your vehicle and a workshop, with a car hoist available by negotiation if desired. A separate air conditioned sleep out offers fantastic flexibility and could easily be used as a fourth bedroom, home office, studio or games room.One of the biggest highlights of this property is its R40 zoning. Whether you're a developer, investor or buyer planning for the future, the possibilities here are exceptional. Retain the existing home and build two additional dwellings at the rear (subject to relevant approvals), or redevelop the entire site with the potential for up to five dwellings (subject to relevant approvals). It presents an outstanding opportunity for land banking, future development or creating long term value for your family.Located just minutes from schools, parks, shopping centres, public transport and major arterial roads, you'll enjoy the convenience of having everything you need close by while still coming home to your own private slice of land.Property features- Massive 1,214sqm R40 zoned block- Potential to retain existing home and build two dwellings behind, or redevelop for up to five dwellings (subject to relevant approvals)- 3 bedrooms, 1 bathroom PLUS sleepout/4th bedroom- Main bedroom with freestanding robe included- Beautifully renovated kitchen- Renovated bathroom and separate laundry- Open plan lounge and dining area- Split system air conditioning- Air conditioned sleep out ideal as a fourth bedroom, home office or studio- Covered outdoor entertaining patio- Spacious garage with room for a vehicle and workshop- Car hoist in garage- Huge grassed backyard with endless space to enjoyBuild year: 1960Block size: 1,214sqmCouncil rates: $1,770 pa (approx)Water rates: $1,111 pa (approx)Estimated rental return: $800 per weekWhether you're searching for your forever home, extra space for the family, a land banking opportunity or your next development project, 5 Morley Street offers exceptional flexibility and outstanding future potential. Large R40 zoned blocks with a beautifully renovated home already in place are becoming increasingly difficult to find. Don't miss your opportunity to secure one of Maddington's most versatile offerings.**Disclaimer: Ray White BPG have in preparing this advert used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Reference to a school does not guarantee availability of that particular school. All distances are estimated using Google maps. Prospective purchasers should make their own enquiries with the relevant authorities to verify the information contained in this advert. ALL boundary lines and size on imagery is APPROX only.**