Positioned on a substantial 923sqm corner block with frontage to both Wanneroo Road and Celestine Street, this R20/R40 zoned property offers a versatile opportunity suited to investors, developers and buyers seeking strong future upside. With its prominent corner position and flexible zoning, the property lends itself to a range of possibilities, including immediate rental income, land banking or future subdivision potential. (STCA).
Offered as a duplex pair on one title, not strata, the property comprises two separate 2-bedroom, 1-bathroom homes with a common wall. This setup provides the advantage of dual income streams from day one while also allowing for future development (STCA) or subdivision strategies to be explored.
Each residence is practical in layout and comfortable in design, featuring open plan kitchen, dining and living areas. Both homes include two well sized, carpeted bedrooms with built in robes, a central bathroom, separate laundry and toilet, and a single undercover carport. Each unit also benefits from its own private driveway access, one from Wanneroo Road and one from Celestine Street, adding convenience and independence for occupants.
The outdoor areas provide flexibility and potential, with both backyards offering scope for improvement. Whether utilised for additional storage, landscaping or more functional outdoor living, there is a clear opportunity to add further value over time. Minor cosmetic updates throughout both homes could significantly improve presentation and increase rental return.
Whether you are looking to expand your portfolio with a set and forget dual income investment, secure a property with development potential or explore a multi generational living option, this is a highly adaptable opportunity in a well-established and growing location.
Opportunities like this are rare, combining immediate rental return, value add potential and future development (STCA) upside in one offering.
For more information, please contact Xavier.
Xavier: 0429 155 516
Harrison: 0426 776 771
Email: peacockteam@haivenproperty.com.au
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.
