Opportunities like this don't just knock - they compound. Introducing The Wealth Creator! Your chance to secure a substantial 1,012m² landholding in the heart of Forrestfield, where immediate returns meet serious long-term upside.
Positioned on a generous, development-friendly block, this original 1960's 3-bedroom, 1-bathroom home offers the perfect blend of holding income, subdivision potential, and future redevelopment scope. A strategic trifecta for the astute buyer.
The existing dwelling is neat, functional, and currently tenanted at $555 per week on a fixed lease until March 2027, providing instant cash flow while you plan your next move. Whether you're land banking, developing, or simply adding a high-performing asset to your portfolio, this property gives you options.
The overriding appeal is the highly sought-after retain-and-build capability, made simple with a wide 5-metre side access, meaning you can unlock the rear potential without costly modifications to the existing home. It's a clean, efficient pathway to adding value.
Looking further ahead, the true power of this wealth creator lies in its scale. With over 1,000m² at your disposal, the block presents a compelling case for a future multi-dwelling development (STCA) where you can build 3 or even 4 homes and fully capitalise on the landholding as this area continues to evolve.
Location only strengthens the equation. Set within walking distance to the Hawaiians shopping precinct and Forrestfield Primary School, this is a position that supports both rental demand today and resale demand tomorrow.
This is not just a property - it's a strategy in motion.
Key Highlights:
• Expansive 1,012m² block with development upside
• Original 3x1 1960's home in rentable condition
• 5m wide side access enabling seamless retain & build potential
• Future scope for multi-dwelling redevelopment (STCA)
• Prime Forrestfield location close to shops and schools
Opportunities like this are finite - how you leverage it is where the upside begins.
Inspections are by appointment only so contact Adam on 0407589388 to discuss your interest.
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants & purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the agent and are expressly excluded from any contract.
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