8 Nineham Avenue

Spearwood WA 6163

911 m²

House

Currently for sale - view listing

Overview

SOLD BY RICH...

SOLD BY RICH... OPPOSITE PARKLANDS 911sqm R30 DEVELOPMENT OPPORTUNITY Positioned in a whisper-quiet, tree-lined street elevated up high and directly opposite leafy Greenslade Reserve, this substantial 911sqm R30 zoned site presents a rare and flexible opportunity in this highly sought-after coastal pocket. Enjoy peaceful park views, abundant birdlife and a children's playground just across the road, all while being moments from shopping, schools and Coogee beach. HUGE POTENTIAL RETAIN & BUILD OR REDEVELOP The property features a solid brick 3x1 home with solid Jarrah boards underfoot and a modernised kitchen open plan to the living areas and views to the park including a near new bathroom central to the 3 bedrooms off the hallway, ideally positioned to allow for a retain and build scenario or future redevelopment (subject to relevant approvals). Whether you choose to live in, lease out, or develop, the options here are extensive. Previously, the site was configured for a 3 lot survey strata subdivision, comprising: Proposed Lot 1: Approx. 344sqm retainable 3x1 home Proposed Lot 2: Approx. 175sqm survey strata lot Proposed Lot 3: Approx. 270sqm survey strata lot with desirable north-facing rear Plus 121sqm of Common property driveway Or subdivide and build one large home to the rear on 567sqm including access leg All of the above is subject to approval Previously approved for a 3-lot subdivision, presenting a strong opportunity for buyers to reinstate approvals and capitalise on the site's development potential (STA) FLEXIBLE OPTIONS SUIT MANY BUYERS Retain the front home and develop the rear Build two new homes to live in, sell or invest Build one large home to the rear, live in/Sell on Create a multi-generational family setup across three lots Secure a large landholding with strong future upside PROPERTY FEATURES 911sqm R30 block Approx. 18.1m frontage x 50.29m depth Renovated - Retainable 3x1 brick & tile home Modernised kitchen Stone counter tops Near New contemporary bathroom Open plan living Elevated position with treed outlook North-facing rear to proposed Lot 3 LOCATION HIGHLIGHTS Directly opposite Greenslade Reserve Childrens playground Minutes to Coogee Beach & Port Coogee via Spearwood Avenue Close to Phoenix Shopping Centre, Beeliar Village & medical facilities Walking distance to Spearwood Primary School Approximately 10 minutes to Fremantle Easy access to Murdoch University & Fiona Stanley Hospital This is a standout opportunity for developers, investors, builders and families alike offering location, lifestyle and long term upside all in one. Act quickly, opportunities like this are tightly held and rarely offered. *Please note that there is a fixed term tenancy in place with a Lease end date being the 15th October 2026 - Rent per week is $655 Call for details today Richard Caldwell 0413 984 815