Superbly located in one of Karrinyup's most sought after locations, this massive development property will appeal to many buyers with 728sqm of land!
Only a short drive away to Scarborough Beach and within close proximity to Karrinyup Shopping Centre, Lake Gwelup Reserve, Westfield Innaloo, schools and public transport hubs. The demand to move into this appealing suburb will surely increase!
In a R30 zoned with street frontage of 18m, this property shows potential opportunities to develop up to two homes. The block is slightly elevated with possible views of Perth CBD from a second level!
OPTION 1 - Retain House and subdivide into 2 lots! Sell the resulting lots into high demand market.
OPTION 2 - Clear the land and build 2 new houses
OPTION 3 - Rent out the property and potentially collect up to $500p/w to help service the loan. Enjoy the good capital growth whilst servicing the debt.
OPTION 4 - Buy the house and gain entry into this sought after suburb with large backyard.
*Subdivision is subject to successful approval. A 2 lot development is possible.
Call area specialist Jorden Peirce for details
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