17 Gracechurch Crescent

The Cheapest subdividable property within a 10klm radius of the city. It is the only subdividable property for sale in Leeming, and best of all Negative gearing is still available when you subdivide this property in the future. All offers will be presented on this perfectly presented family home, located just 350m from the award-winning Banksia Park Primary School, this immaculate residence offers an unbeatable lifestyle opportunity in one of Leeming's most sought-after locations. Enjoy morning walks to the nearby golf course, where kangaroos are often seen grazing, or take advantage of the convenient public transport options, with bus access to the CBD and university just 50m from your doorstep. Lovingly maintained since construction, this beautifully presented home offers exceptional flexibility for owner-occupiers, investors, and future developers alike. Set on a substantial 747sqm subdividable corner block, this immaculate 3-bedroom, 1-bathroom residence presents endless possibilities: • Move straight in and enjoy the highly desirable Leeming lifestyle • Extend or renovate the existing home to create your dream residence • Negative gearing is still available when you subdivide this property. • Secure your future with development potential, with the possibility to subdivide into two generous approximately 373sqm green title lots, each with street frontage (subject to relevant approvals) Opportunities like this are becoming increasingly rare, with very few subdividable lots remaining in Leeming at an accessible price point. Inside, the home is impeccably presented and offers spacious living throughout. A large formal lounge and dining area with split-system air conditioning flows from the generous kitchen, complete with both gas and electric cooking. A casual meals area and spacious family room with gas log fireplace provide additional everyday living space, opening directly onto a huge gabled outdoor entertaining area-perfect for hosting family and friends year-round. All bedrooms are generously sized and easily accommodate queen or double beds, with ample built-in storage and room for study desks or additional furniture. The master bedroom also includes its own split-system air conditioning for added comfort. The original bathroom has been exceptionally well maintained, featuring immaculate tiling in near-new condition, while an additional WC provides extra practicality for busy households. Outside, the established bore-reticulated gardens are surprisingly low maintenance, with secure double rear gates offering ample space for caravan, boat, trailer, or additional vehicle storage. The backyard also features an abundance of established fruit trees, adding charm and functionality to this already impressive property. With many newer lots now averaging less than 350sqm, this is a rare opportunity to secure a spacious family home on a large landholding, while retaining future subdivision potential for long-term financial flexibility. A home for today, an investment for tomorrow. • 747 sqm corner lot • Subdivision potential (subject to approval) • Negative gearing is still available when you subdivide this property. • Leeming high • Banksia Primary 350 • Walk to Melville glades • Bus 50m • 3 bedrooms • 1 bath 2 toilets • Formal Lounge and dining with split RC air con • Casual meals and Living with wall air con • Gas log fire • 3 Queen and double bedrooms • Master has RC split system air con • Gas cooking • New Insulation Batts • Solar hot water • Huge Alfresco • Rear access gate • Bore reticulation. * Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters, particularly for any plans for future development or division. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.