This is a truly unique opportunity for savvy buyers, developers, or investors to position themselves for a lucrative outcome.
Zoned 'Development', the property is ideally situated just 200m from a precedent-setting subdivision already completed – giving weight to the possibilities here with the current zoning.
But it gets even better…
Since then The City of Stirling's Local Planning Scheme 4 is currently under review by the WA State Government. Once approved, the property is expected to be rezoned to R80 – potentially allowing for retention of the existing home and construction of up to two additional dwellings at the rear (Subject to Council Approval, a Copy of Possitive dialogue between myself and the council is available to you upon request).
With quiet rear laneway access from Cruikshank Lane, you've got the ideal layout for a potential subdivision. Retain the front house, develop or sell off the rear – and use the profits to reduce your mortgage or fund your next investment!
Potential Plans that were drawn up by the current owner in the past can be looked at during your viewing!
THE HOME: RENOVATED, SPACIOUS & READY TO ENJOY NO STRATA FEES
This superbly finished two-storey residence offers comfort, style, and functionality, making it perfect to live in or lease out while you plan your development.
Key features include:
• 3 large bedrooms including two double-sized masters
• Two living areas, including an upper landing lounge
• Modern, fully renovated kitchen with stone-look benchtops, induction cooktop, dishwasher & ample storage
• Stunning bathrooms – stylish fixtures, plus a second bathroom downstairs with toilet & shower
• Warm flooring throughout
• Air conditioning, security screens, and quality fittings
• Private alfresco area ideal for entertaining
• 2-car garage via rear laneway
All of this in a convenient inner-city location close to cafes in Osborne Park, Leederville, and Mount Hawthorn, with easy access to public transport and the freeway.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
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