The Phone Code for this property is: 17160. Please quote this number when phoning or texting.
Nestled in the heart of the rapidly evolving suburb of Koondoola, 29 Koondoola Ave presents an exceptional opportunity for astute investors and savvy developers alike. Offered by out-of-state owners, this property boasts a long-term tenanted family home with an approved subdivision plan, making it a versatile gem in a prime location.
The property is ideally positioned in the growth suburb of Koondoola - a rapidly developing suburb, close to shops, parks, schools, public transport and the Perth CBD.
Due to the owners travel requirements, on-site viewings of the property will be restricted to 3 days during the period 11 to 13th May, except by prior negotiation.
With a generous block size of 692sqm zoned R20/60, the potential of this property cannot be understated. An approved application for a Survey Strata plan adds to its appeal, with the approval valid for three years from 13 February 2026, giving you ample time to make your mark in this sought-after suburb.
The existing home features three bedrooms, one bathroom, and 89sqm of internal living space, providing comfortable accommodation for a family or tenants. Currently leased until November 2026, it offers immediate rental income for discerning investors. However, the real value lies in the property's development potential - creating three new units or maintaining the existing house for ongoing rental returns.
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.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
