2 Parker Street

Lockyer WA 6330

Sure, it's not the most luxurious of abodes, and would benefit from a little tender loving care but in a highly squeezed rental market where demand for affordable properties is high, it is a clever little buy.
Located on a huge 1280 square metre corner block, it is also attractive to motoring enthusiasts or those with machinery to store.
The home itself is a simple shack, currently leased at $300 per week until July.
You could choose to undertaken some clever yet inexpensive freshening up to bring it into the modern day, or undertake a complete overhaul so that the home matches the lucrative investment opportunity and generous size of the block.
A side access gate from Parker Street leads you around the home to a large shed and the yard which is solidly fenced with colourbond panels. A small decking area introduces you to the front of the home before you step inside.
Here, original floorboards can be found in the comfortable lounge room with lilac walls, camel tuned curtains and a gas heater in the original fireplace mantle surrounds. An archway leads through into the kitchen which is basic but classic. Pine cabinets sit both under the bench and overhead and an upright gas oven and stove are nestled amongst them. Sunny yellow flooring leads to a small dining space sitting within the kitchen area.
Move through into the rear section of the home which steps down to the laundry and outdoor access to the huge yard. It also introduces the home's rear sunroom which runs almost the length of the rest of the home and could easily be transformed into a games space or second living area.
The homes two bedrooms are located within a hall which leads from nearby the front entrance. The first is a king size with high ceilings and metal venetian blinds- floorboards and green feature walls- ready for a simple modern makeover to make it shine like a new penny. The second is a queen size with blue walls and the same high ceiling and timber floorboard features as the master room.
Step down to find the homes bathroom, the space which will most benefit from an affordable DIY kit bathroom or a more custom installation. It currently features a small basin fixed to the wall, petit mirrored medicine cabinet and an open shower. With little to remove and a solid foundation, it makes for the easiest bathroom renovation you could probably come across!
A separate toilet and second access to the sunroom from the adjacent side concludes the interior of the home.
Outside, the yard is basically a blank canvas for you to use how you wish, the carpet of lawn and established trees are simple but relatively low maintenance.
The sheer amount of space means that you can add in extra garaging, outdoor entertaining or whatever else takes your fancy.
Savvy investors, first home buyers with a penchant for space, motoring enthusiasts or DIY addicts- here is a simple, low cost, high return project the likes of which is a rarity.
What you should know:
- Older style home needing a little love
- Huge 1280 square metre block
- Almost unheard of rental return
- Solid fencing, corner block
- Potential to refresh or extend
- Zoned Residential