45 Koondoola Ave

Koondoola WA 6064

0 m²

707 m²

House

Currently for sale - view listing

Overview

Outstanding Development Potential on 707sqm

Whether you're an investor, developer or family buyer, this well-maintained property presents an outstanding opportunity to secure a generous 707sqm parcel of land with highly desirable R20/R60 zoning. Adding significant value, the WAPC subdivision application has already been submitted through Cottage Survey, with the property surveyed for a proposed 3-lot subdivision. The current concept allows the existing home to be retained while creating two additional lots (subject to WAPC approval), meaning much of the planning work has already been completed. The home itself is neat, comfortable and ready to enjoy or lease. Inside, you'll find a welcoming formal lounge, a renovated kitchen overlooking the dining area, three well-proportioned bedrooms, a central bathroom with separate WC, and a versatile storeroom that could be utilised as a home gym, kids' retreat, hobby room or additional storage. Currently leased until 22 October at $700 per week, the property provides immediate rental income while you finalise your future development plans. Ideally positioned close to schools, shopping centres, public transport, medical facilities and parklands, you'll also enjoy convenient access to the Perth CBD, Perth Airport, the Swan Valley and some of Perth's best beaches. Property Features 3 spacious bedrooms 1 bathroom with separate WC Formal lounge Renovated kitchen overlooking the dining area Versatile storeroom, home gym or kids' retreat Double garage with additional off-street parking Generous 707sqm block R20/R60 zoning WAPC subdivision application already submitted through Cottage Survey Survey completed for a proposed 3-lot subdivision Opportunity to retain the existing home and create two additional lots (subject to WAPC approval) Currently leased until 22 October at $700 per week 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.