Delight in the boundless potential offered at 17 Le Souef St, centrally located in town. This older 3-bedroom, 1-bathroom house is an investor's dream, boasting a sizeable 1095 square metre elevated block with the much-coveted zoning of R30/40. Astute developers and land bankers will immediately recognise the potential lucrative opportunity to craft a development comprising 3, 4, or even 5 units with some smart planning. Positioned in the short-stay permissible zone, this property is ripe for transformation, enabling you to harness its potential. Presently leased to an excellent tenant eager to extend their stay, you can enjoy a steady rental income as you orchestrate your future development plans. Strategically located close to local schools and main street, the property encapsulates the convenience of urban living. The property's adaptability, coupled with its enviable central location close to all the regional delights, secures its bright future irrespective of the path you choose. Seize the chance to own a slice of Margaret River with plenty of potential. Contact Tim Beeson from The Agency Margaret River to organise an inspection today. Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.