1 Federal Street
Denmark, WA 6333

Overview

Value add opportunity

This property offers a unique opportunity to purchase now and build later, ideal for first-time buyers entering the market or investors seeking a high-yield project. Situated on a substantial 1,019 square meter land parcel in a prime location, it presents significant potential for value enhancement.

The existing home is modest yet solidly constructed, featuring two bedrooms and one bathroom complemented by a carport. It is functional in its current state but offers excellent scope for creative renovation or extension to increase equity quickly.

Residents will appreciate the convenience of connection to town services and the property's proximity to local shops, cafes, and amenities, all within a short, level walk. The home is strategically positioned at the rear of the block, allowing for potential subdivision of the front portion of the land, subject to council approval, while retaining the original dwelling.

This smart layout provides flexibility for future development options, including building a second dwelling, selling the front lot, or simply enjoying the expansive yard space. The property offers investment security, whether living in or renting out the existing home while planning the next steps.

Overall, this property represents a rare chance to secure a valuable landholding with a functional home in a sought-after area, offering multiple pathways to enhance value and lifestyle.

Location