This OUTSTANDING opportunity WILL NOT LAST!!
Situated on a corner block this property represents a highly sought after development opportunity with multiple options available for the savvy investor.
1.) The property is zoned R15/25 under the City of Armadale Planning scheme, however as the home is located on a corner site a density bonus could apply increasing the zoning to R30 allowing the site to be developed into 4 units once the existing dwelling is removed
2.) If the existing dwelling is maintained it would be possible to develop an additional 2 units subject to design and survey work being completed.
3.) Retaining the existing house on a large 826m2 block would also allow the development of a 580m2 green title block being developed under the R15 code.
4.) Renovate the existing home and enjoy the benefits of living on a monster block in a central location with loads of room to move.
The current home is an original large 3x1 home with vast open plan living, Jarrah floorboards currently under carpet and good size bedrooms with a large original kitchen. Outside is a rooftop terrace, side access to huge backyard and much more!!
WILL NOT LAST!! Con Mathews on 0402 235 535
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