Expressions of Interest Are Now Invited.
Positioned in a highly prominent location with an impressive 24.37m frontage, this solid brick and tile family home presents an outstanding opportunity to secure a distinctive landholding in one of Kewdale's most exciting and evolving pockets.
Offering R40 zoning with exceptional development flexibility, the property has the potential for triplex development, a side-by-side subdivision (subject to approvals), or other higher-density configurations, including townhouses, apartments or units where permitted. The generous width and depth of the block provide outstanding design flexibility, with the potential for multiple lots to enjoy their own street frontage and individual driveways.*
Whether you're a private developer searching for your next project, an investor looking to landbank in a high-growth location, or a buyer wanting to secure a premium parcel with exciting future potential, this is an opportunity not to be missed.
Adding immediate value is the existing well-built home, offering comfortable accommodation and the potential to generate rental income while future plans are considered. It's an ideal combination of holding income and long-term capital growth.
Inside, the home offers generous living areas together with a versatile rumpus room that could easily be transformed into a home office, creative studio, workshop, games room or additional living space(granny flat), providing flexibility for today's modern lifestyle.
Location Highlights:
- Walking distance to Belmont Sports & Recreation Club.
- Moments from Belmont Forum Shopping Centre, Reading Cinemas and a wide range of retail and dining options.
- Close to quality schools, childcare centers and early learning facilities.
- Surrounded by local parks and recreational amenities.
- Approximately 10 minutes to Perth Airports, Victoria Park Café-Strip and within easy reach of the Perth CBD.
Council rates per year approx. $1,865.
Water rates per year approx. $1,193.
The Seller and Franklin Martinez invite Expressions of Interest from buyers seeking a rare development opportunity. For further information or to arrange an inspection, contact Franklin M on 0432 448 526 or email directly to: Franklin@lauriekelly.com.au
Disclaimer: Buyers are encouraged to make their own enquiries with the relevant local authority regarding zoning, subdivision and development potential. All development is subject to the relevant approvals and statutory requirements.
