130 Briggs Street

Kewdale WA 6105

105 m²

685 m²

House

Currently for sale - view listing

Overview

Corner Block Development Opportunity – R20/60 Zoning with Multiple Pathways

***UNDER OFFER FOR $90,000 ABOVE ASKING PRICE*** Positioned on a prime 685sqm corner block with R20/60 zoning, this solid brick home presents a rare opportunity to secure a property with genuine development flexibility in a well-connected location or a solid home to renovate and make your own on a great block Whether you’re looking to retain and build, develop multiple dwellings, or landbank for future growth, the options here are clear and compelling. Step inside to a light-filled lounge room that wraps around to a dining area and then flows through to the kitchen, complete with ample storage, gas cooking and a dishwasher. The layout is practical and comfortable, offering immediate liveability or rental appeal. All three bedrooms are well-sized, with built-in robes to two, and are serviced by a well-appointed central bathroom. A separate laundry area adds further functionality, while the covered alfresco entertaining area provides the perfect space to relax or host year-round. The Real Value: The corner position unlocks significant potential, with the possibility of dual street frontage access — ideal for future development outcomes (STCA). -Retain the existing home and develop at the rear -Demolish and construct 3 (STCA) -Explore apartment or higher-density development This is the type of site that gives developers, investors and forward-thinking buyers multiple exit strategies. Features: -3 bedrooms, 1 bathroom, 2 toilets -Solid brick and tile construction (built circa 1970) -Functional kitchen with gas cooking and dishwasher -Spacious living and dining area. -Built-in robes to two bedrooms -Ducted evaporative air conditioning Outside: -685sqm corner block with R20/60 development upside -Potential for dual street frontage access -Large secure backyard -Covered alfresco entertaining area -Double brick garage/workshop -Ample additional parking Investment: -Expected rental return: approx. $750 per week with current tenant paying $700pw -Periodic lease with tenant keen to stay on or can vacate for settlement. -Strong holding income while planning development. Outgoings & Details: -Approx. 105sqm internal living -Built in 1970 (solid construction) -Council rates: approx. $1,725pa -Water rates: approx. $1,208pa -Zoned R20/60 The Opportunity: A rare combination of corner positioning, flexible zoning, and solid existing improvements — giving you the ability to generate income today while unlocking significant upside tomorrow. Whether you’re a developer, investor, or strategic buyer, this is a property where the numbers and the options align. ***UNDER OFFER FOR $90,000 ABOVE ASKING PRICE***