Corner the Market: Dual-Frontage Development Potential
Some opportunities are simply too good to ignore and 37 Dane Street is absolutely one of them.
Held in the same family since its construction over 70 years ago, this pristine property is ready for its next chapter. Offering a generous 16.7m frontage on Dane Street and a highly advantageous side boundary along Rouse Lane, this 649sqm block is a developer's dream. The unique dual-frontage layout perfectly suits the creation of two new, individual homes, each boasting its own independent street front. Alternatively, it presents the ultimate canvas to build a luxury family home with a sprawling backyard, workshop, and side access.
While you plan your next move, the existing character home offers incredible holding value. Presented in immaculate condition for its age, the residence features:
• Classic Elements: Beautiful jarrah floorboards, a separate lounge, and a retro-themed kitchen with a dedicated meals area.
• Comfortable Living: 2 spacious bedrooms plus a sleepout/3rd bedroom, air conditioning, and fabulous alfresco entertaining spaces.
• Excellent Infrastructure: A freestanding workshop and storage shed, a secure carport behind locked gates, and a functioning underground bore water reticulation system.
• With a projected rental return of $650 - $700 per week, this property provides an outstanding passive income stream while securing your development approvals.
Whether you choose to land-bank, renovate, or develop, properties with this blend of character, condition, and configuration are incredibly rare.
For further details, contact Kym and Shane Vasile before this opportunity passes you by.
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