Prime Development Opportunity! Positioned among the highly sought after north east pocket of Coolbellup, this 890sqm, R30-zoned site offers outstanding potential for a three-lot subdivision (subject to relevant approvals). The block is level, perfectly rectangular, and boasts an impressive 22m street frontage with a desirable north-facing rear.
As it currently stands the property features a:
- 3 Bedroom, 2 Bathroom Home
- Granny Flat (1 Bedroom, 1 Bathroom, Kitchen Area)
- Shed
The property is currently tenanted, with the facilities in a functional and livable state. While being sold as-is, it offers a solid foundation for future plans or developments.
Location Hot Spots, the below amenities are all in close proximity only adding to the appeal:
• Coolbellup Shopping Centre: Approximately 850 meters (2-minute drive).
• Coolbellup Community School: Approximately 0.6 to 1.4 kilometres (3-minute drive).
• North Lake Senior Campus: Approximately 0.65 kilometres.
• Seton Catholic College: Approximately 1.34 kilometres.
• Kardinya Park Shopping Centre: Approximately 2.2 kilometres (4-minute drive).
• Fiona Stanley Hospital: Approximately 5.6 to 6.3 kilometres (9-10 minute drive).
• Murdoch University: Approximately 3.8 kilometres (6-minute drive).
Offered on an "as is, where is" basis, this property provides an exceptional opportunity for developers looking to unlock value in a high-demand location. With strong fundamentals and development potential (subject to relevant approvals), it offers the flexibility to design and deliver a project suited to the area's growing demand. Buyers are encouraged to complete their own due diligence, with the property being sold in its current condition.
Coolbellup's established infrastructure and enduring popularity with families and professionals provide a solid platform for development success. Strong demand for quality housing continues to drive growth in the area, offering developers a smart and strategic investment opportunity. Be part of Coolbellup's next chapter - a location full of promise and potential!
Disclaimer: Whilst every care has been taken in the preparation of the marketing for this property, accuracy cannot be guaranteed. Prospective buyers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Seller or the Seller's Agent and are expressly excluded from any contract. *Site and floor plans are for reference only*
