Unique Blue Chip development opportunity right in the heart of Kalamunda Central and would suite the astute buyer/developer. Whilst zoned R30 which normally under this zoning code could have the potential for the development of 5 units. Recently, however, this property has set new development parameters in Kalamunda, whereby council approval was given for the establishment of 14 units.
Additionally the property has an established 3 bedroom, double brick and tile home connected to sewerage and mains gas, that could be tenanted and provide income whilst you plan and organize your development. Or you may wish to live in and grow your investment and develop at a later stage in the future. As demand for central located accommodation continues to increase in Kalamunda this rare and unique opportunity is one not to be missed.
Priority action is strongly suggested and encourage your own due diligence to ascertain with the relevant authorities development opportunities and options.
For further details and viewing please contact Nic Ciocca 0402 312 304.
