Attention developers and savvy investors. Seize this ready-to-go project at 26 Colstoun Road, Ashfield. Sitting on a generous 860sqm parcel with WAPC approval (subject to conditions) already in place for subdivision into two lots, this is a golden opportunity to capitalise in a well-connected and increasingly sought-after suburb.
With the hard work of subdivision approval done, you can move straight to the next stage - whether that's building two new homes, selling the lots separately, or holding for future gains.
Investment highlights:
- 860sqm block with WAPC approval (subject to conditions) for 2-lot subdivision
- Flexible options: retain, build and sell, or hold long term
- Existing 2 bedroom, 1 bathroom home providing holding income, currently tenanted for $350 per week on a periodic lease
- Strong buyer demand in Ashfield, only 8km from Perth CBD
- Close to parks, schools, shopping, and public transport links
- Easy access to the Swan River and Tonkin Highway
With Perth's land supply tightening and demand remaining high, sites like this - with approvals secured - are increasingly hard to find.
Act now to secure a development-ready site in a rising suburb. For plans, price guide, and further details, contact us today.
**Disclaimer: * The above information is provided for general information purposes only and may be subject to change. No warranty or representation is made as to the accuracy of the information and all interested parties should make their own independent enquiries relating to the information provided and place no reliance on it. Any chattels depicted or described in the information are not included in the sale unless specified in the Offer and Acceptance.
