Perched high on Mt Melville about 2km from Albany town centre, this property takes in sensational panoramic views from the Porongurup Ranges, over the sports fields of North Road, and around to King George Sound, Mt Clarence, the city and Albany port.

Though the 1968-built brick and tile home is dated, it is as solid as the granite it sits on, and it offers many options for new owners or investors to capitalise on its prime position and reap myriad rewards.

Renovating the existing home would pay dividends, particularly if the layout were remodelled to relocate the living spaces at the back, where the amazing views are.

Another exciting opportunity is the potential for subdivision of the 1593sqm block into two lots, the lower block perfect for housing a contemporary pole home enjoying privacy and sharing the wonderful vista.

Either way, new owners might snap up this property now and continue the existing arrangement of renting it out at $300 a week – the current lease expires in February – until they are ready to develop it.

The home is set back off the road with a lawn at the front and a driveway at the side leading around to the back of the building, where there is a carport, parking for more vehicles and turning space.

Inside, the home is light and welcoming.

From the hallway through the front door is a comfortable lounge, with a big picture window, and an opening onto the dining area and adjoining kitchen at the back of the house.

Neat and tidy, these rooms take in the expansive views, which are shared with a generous paved patio designed to maximise the outlook.

Off the hallway are the laundry, bathroom with bath, shower and vanity, separate toilet and three bedrooms – all double sized and the master having built-in wardrobes and drawers.
On the bottom storey is a games room or teens’ retreat, big enough for a pool table, and two more rooms, one a workshop with a window and the other ideal for bikes and golf clubs.

The lower half of the block is in natural bush, and there is bushland opposite the front of the home, so it cannot be overlooked.

Although it would benefit from a modernisation project, the home is clean and well kept, with good carpets, blinds and decor, and would be an exciting addition to an investor’s or developer’s portfolio.

What you need to know:
- Panoramic views from mountain to ocean
- Family home or rental investment property
- 1593sqm sub-divisible block
- High on Mt Melville opposite bushland
- 1960s well-built brick and tile home
- Clean and tidy presentation
- Three double bedrooms
- Bathroom with vanity, bath and shower
- Separate toilet
- Carport and additional parking and turning space
- Undercroft games room with adjoining workshop and storage room
- Ideal renovation or development project
- Leased at $300pw until February 2017
- Excellent options for future development