125 Parnell Ave

Sorrento WA 6020

855 m²

House

Currently for sale - view listing

Overview

WEALTH-CREATING COASTAL SUBDIVISION WITH PROFIT POTENTIAL

Opposite parkland and within walking distance to Sorrento Primary School and Robin Reserve, this character three-bedroom home occupies a subdividable 855sqm that can be cut down the middle to create two side-by-side allotments (STCA). Subdivision offers flexibility: you can choose to sell, rent, or develop the new lots according to your financial goals. A great opportunity to break into Sorrento, one of Perth's most coveted destinations, and with demand for rentals at record levels, the home would lease easily while you prepared the groundwork with council for subdivision (see agent for preliminary subdivision proposal). Build two luxury beachside homes, or sell one allotment to fund your dream, forever home. The high-value location and sought-after coastal lifestyle are moments from world-class beaches, Sacred Heart College, Hillarys Boat Harbour, beachside cafes and restaurants, and other popular local attractions. The house itself is original with a laid-back coastal vibe showcasing raked ceilings, hardwood flooring, rustic kitchen, and an inground pool. Step inside and discover a light-filled living/dining zone that flows through to a spacious kitchen featuring stainless-steel appliances. A large master bedroom comprises built-in robes and an ensuite, while two additional bedrooms both come with built-in robes and share another spotless bathroom. Located at the front of the property, cool off in your sparkling inground pool, while the enormous backyard provides abundant space for outdoor activities, relaxation, and social gatherings. Extra features you'll love: · Slow combustion wood heater · Single garage · Ducted cooling · Space efficient laundry with an adjoining third toilet As flexible as it is exciting and sure to impress, unlock the endless potential of 125 Parnell Avenue.