Development gold in the heart of Karrinyup - 11 Murray Way officially hits the market this weekend. Elevated, corner-positioned, and bursting with potential, this rare 782sqm (approx.) site offers sweeping inland and city views with scope for duplex or triplex redevelopment (STCA). Whether you're a developer, land-banker, or home builder, this is one not to miss.
Opportunities like this are as rare as hen's teeth. Perched high on a prized corner in a peaceful looped locale, this charming and largely-original 3 bedroom 1 bathroom home sits on a golden slice of elevated land - complete with sweeping inland and Perth city-skyline views.
But it's what lies beneath the surface that really turns heads.
With scope for subdivision into either two generous duplex lots or three street-front triplex blocks (subject to relevant council and Western Australian Planning Commission approvals), this is a developer's dream, an investor's jackpot and a lifestyle opportunity - all rolled into one.
The existing house itself can easily be either lived in or rented out until you decide on what your next move will be. Its carpeted master bedroom is huge, whilst the tiled open-plan living, dining and kitchen area flows out on to a delightful covered balcony with the best vantage point of all.
The massive yard is somewhat of a "blank canvas" and leaves more than enough room for a future swimming pool, workshop, granny-flat or extensions of the current dwelling, if you do indeed decide to stay put.
Perfectly positioned in between the lovely Huntriss Norman Reserve and sprawling Jackson Wilding Reserve, this promising property is also only walking distance away from bus stops, the local library and community centre, Newborough Primary School, a
plethora of other picturesque parks and reserves, the amazing Karrinyup Shopping Centre precinct and beautiful Lake Gwelup.
Everything else can be accessed within a matter of only minutes - Our Lady of Good Counsel School, the revamped Hamersley Public Golf Course, the prestigious Lake Karrinyup Country Club and golf-course resort, the freeway, Stirling Train Station, St Mary's Anglican Girls' School, Trigg Point, the Scarborough Beach esplanade and
other top educational facilities included.
Whether you retain the character-filled classic, re-design or re-develop, one thing's certain - blocks like this don't come around often. Vistas, a coveted corner frontage and endless potential? This one ticks the trifecta!
Other features include, but are not limited to:
• High ceilings
• Split-system air-conditioning - including in the living area
• Gas-upright cooker
• Storage pantry in the kitchen
• Security screens
• Established lawns and gardens
• Double lock-up garage
• Spacious 782sqm (approx.) block
• Proposed duplex subdivision for 436sqm and 345sqm (approx.) street-front lots
• Proposed triplex subdivision for 260sqm, 261sqm and 260sqm (approx.) street-front lots
**Disclaimer: * The above information is provided for general information purposes only and may be subject to change. No warranty or representation is made as to the accuracy of the information and all interested parties should make their own independent enquiries relating to the information provided and place no reliance on it. Any chattels depicted or described in the information are not included in the sale unless specified in the Offer and Acceptance.**
