Seize this exceptional opportunity to invest, subdivide, or secure this fantastic investment opportunity. Nestled on a generous 809sqm block with R25/R60 zoning, this property is a rare find. The groundwork has already been laid, with previous planning approval to subdivide the back block – a great head start for your development plans so you know the sub-division process shouldn't be a problem.
The wide side access provides the ideal setup for a battle-axe driveway, making this property highly attractive to astute investors. Here’s what you can do:
Option 1: Retain and Subdivide
Retain the existing front house built in 1971 and proceed with subdividing the rear block (subject to council approvals). The R25/R60 zoning also opens the door to creating multiple dwellings. Consult with a surveyor to explore options for 2, 3, or even 4 homes.
Option 2: Rent Now, Develop Later
Rent out the modern, well-maintained front house while you plan your next move. This property will be easy to lease, thanks to its neat presentation, proximity to shops and public transport, and a massive 8x5m (approx.) powered shed with drive-in access.
Please note this property is already tenanted at $520 per week until 28 February 2025.
Option 3: Move in and Enjoy
Make this property your home and enjoy its spacious layout, convenient location, and fantastic features. The backyard offers plenty of space for family fun or entertaining, while the front house boasts:
A neat kitchen.
Polished timber floors.
Modern downlighting.
A charming feature stone fireplace.
Evaporative air conditioning for year-round comfort.
Ceiling Fans
A covered patio area perfect for relaxing or hosting guests.
Why This Property?
R25/R60 zoning with subdivision potential.
Large block with wide side access.
Close to schools, shops, and public transport.
A modernized and well-maintained home ready for living or leasing.
No matter which path you choose, this property offers endless possibilities and a promising future. Don’t miss out – properties with this much potential are hard to come by!
The location of this property is perfect if you like the great outdoors Lesmurdie Falls is approximately 10min drive, Perth airport is approximately a 10 min drive, the property is a 10 minute walk to Forrestfield primary school and take a 5 min drive to the Forrestfield shopping hub.
Water rates $1099
Council rates -TBA
Contact Joeanne Adams on 0407 446 778 today to arrange a viewing or to learn more about this incredible opportunity.
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.
