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5 Reen Street

St James WA 6102

3
1
3
105 m²
776 m²
House
Currently for sale - view listing

Overview

Developers Delight

Renovators relish this opportunity to work with a 776sqm block that has advantageous height and aspect along with block shape With a whopping 39.6 meter frontage to work with this block offers fantastic opportunities for future development Zoned R20 and flagged as a key zoning change by the WA Premier as a key change to downgrade Zoning size minimum block requirements to 350m next year, the property possesses excellent size and shape to take advantage of when the changes are implemented Set in the fast rising suburb of St James the property is walking distance to the 7 day a week IGA and Curtin University, with over 16,000 students many who require housing within 1 kilometer from campus Plus only just only just down the road from the Vic Park Cafe stripe While Perth CBD is 11 kilometers away and Optus Oval and Crown Complex is also of equidistance. The airports lie within 12 kilometers All Offers Invited and considered the owner is looking to quit the property in the immediate term The dwelling is primarily redundant however an owner occupier could reside while making future plans For those developers looking for a smaller project - maybe to develop to profit or hold for excellent higher yielding rental returns look no further that here! With the change in R20 Zoning laws approaching take early advantage to make your property plans for future development options before the prices rise!!!!! Disclaimer: All information provided is checked to be correct at publishing Buyers must take their own independent advice and calculations on development timeframes, costs and processes through the relevant specialist professionals and government regulatory bodies

Features

3 bedrooms
1 bathroom
3 carspaces
105 m² floor area
776 m² lot size
House

Happy sellers in St James

87%
87% of sellers in St James reported that their sale price either exceeded or met their price expectations.

St James stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in St James over the last 12 months.

Local market activity for 3 bedroom houses in St James

In the last 12 months, 27 three-bedroom houses similar to 5 Reen Street, have been sold.

This represents a 57% increase in three-bedroom houses sales when compared to the previous 12 months.

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