55 Luderman Road

Noranda WA 6062

FIRST TIME OFFERED TO THE MARKETYES, this is a great 4 bed 2 bath family home with a rare and wonderful backyard space for the kids and the adults to thrive in. Definitely this should be on your shopping list if you are a family looking for space both inside the home and outside. Backing onto Luderman Park - a brilliant neighbourhood asset in this popular pocket of Noranda - this home has a pedestrian access gate onto the park. Brilliant!BUT, there is so much more going on here. This property has investment potential pulsing through it. Let's take a look at this.All commentary relating to subdivision aspects is Subject to Western Australian Planning Commission and Council approvals.- 800m2 (approx) of prime residential land Zoned R20/40 in the City of Bayswater - Huge Street frontage of more than 28 metres (approx)- Capable of supporting a side-by-side subdivision whilst retaining the existing 4 x 2 home - Create a block of 300+ square metres with frontage to Luderman Road of approx 12 metres, and backing on to Luderman Park. There is your NEST EGG, even if you have no plans to subdivide, the value of your asset will always be underpinned by the POTENTIAL to create a fabulous building block in the future.- Even after subdivision, the existing home will still boast a great backyard space with pergola covered entertaining area, hills hoist, lawn and garden shed. So subdivision does not mean you lose all your backyard amenity. We are not talking about a rear block with a battleaxe driveway where you lose so much space just to fit the driveway in. The side-by-side subdivision with street frontage is a great feature.- Retain the existing 4 x 2 home which is capable of generating rental income of $550 per week or more- If you are thinking of buying a property with an eye to doing a retain-and-build subdivision - don't go for a property that leaves you with a low-value, low rent 3 x 1 home at the front and a battleaxe block at the rear. At 55 Luderman Road, you end up with a high value, high rent 4x2 home and avoid all the negative aspects of a battleaxe configuration. That's not common. You see the value that's wrapped up in this property?THE HOME features:- Great galley kitchen with double bowl sink, dishwasher, 900mm appliances - gas cooktop and electric oven and range hood- Master bedroom has big built in robe and beautifully renovated ensuite bathroom- Good sized minor bedrooms all with robes- Ducted evaporative cooling. Wall-mounted airconditioners to family room and Master bedroom.- Large Entry Hall- Open Plan Lounge and dining with quality carpets- Family room with sliding door access to outdoor areas- Very nice family bathroom with separate shower and big corner tub- Attractive rendered exterior brickwork- Single garage but long enough to park two cars end to end- Bore reticulated gardens- No major renovation needed, rent it straightaway or move the family straight in.THE LOCATION- 5 minute drive to Malaga business area- 5 minute drive to Hawaiian's Noranda Shopping Centre, Morley Galleria Shopping Centre, Coventry Village shops- 500 metres walk to Morley Senior High School, or 750 metres to St Andrews Grammar- 1 km to the very popular Camboon Primary School, same to North Morley Primary - Abundance of community facilities including sports fields and places of worship nearbyThis is a rare opportunity to buy such an amazing property in the family-friendly suburb of Noranda. Come along to a home open to see for yourself. Private viewing appointments welcome at any time, call Gary Angel on 0427746700 to discuss your possible interest in this property.It's not often that such a property with this amount of potential comes onto the market. Don't miss it. If 2022 is your time to buy a property, you need to consider this one.DisclaimerYou should make your own inquiries and obtain independent professional advice tailored to your specific circumstances before making any legal, financial or real estate decisions. The details and photographs shown on this website are information only and in isolation should not be relied upon as fact or as a true and precise depiction of the nature of the real estate being presented. Lot sizes and house sizes are always approximate and should be confirmed by official sources. Information, opinions and publications available on this website are broad guides for general information only and buyers are best served by using this general information as a starting point for their own further inquiry. The material on this website is not and should not be regarded as legal, financial or real estate advice. Users should seek their own legal, financial or real estate advice where appropriate. Every effort is made to ensure that the material is accurate and up to date. However, we do not guarantee or warrant the accuracy, completeness, or currency of the information provided.