112 Leach Highway, Melville WA 6156

Older brick & tile | 750sqm elevated block | 3-4 bed discrepancy | Single bathroom | 2022 sale as renovator This house presents a strategic land acquisition with a functional older dwelling. The 750sqm elevated block with 26m frontage in Melville is the core value, offering future subdivision potential or rebuild optionality that is increasingly scarce. The older brick and tile construction provides a solid, low-maintenance shell for a renovator or investor, best serving a buyer whose strategy capitalises on land appreciation and is not deterred by immediate cosmetic updates. Proceed with a valuation anchored to land value, as the conflicting bedroom count and lack of current interior data signal a property where the dwelling contributes minimal premium. The 2022 sale as an “ideal renovator” confirms this dynamic. Your offer must discount for renovation costs and the single bathroom, which limits immediate rental appeal. Secure this for land banking or a phased renovation; it is a hold proposition where future council zoning changes or development activity will unlock its primary value.