Offered to the market for the first time in over 70 years, this cherished family home presents an exceptional opportunity in one of Scarborough's most sought-after pockets.
Originally built in the mid-1950s, the solid brick and tile residence has been lovingly held and expanded over time. With some refurbishment, it offers the perfect foundation to create a comfortable family home, while the generous landholding opens the door to exciting future possibilities.
Property Features:
- Spacious living areas filled with natural light
- High ceilings
- Three big bedrooms
- One bathroom plus a second shower for added convenience
- Functional kitchen
- Charming rear deck with drop-down screens
- Timber floorboards preserved beneath carpets
- Security Screens to doors and windows
- Carport
- Expansive backyard with established trees, auto retic and laneway access
Development Potential:
Positioned on a generous 690m² R40-zoned block, this property delivers outstanding flexibility for investors, developers, and visionary buyers alike. With dual street frontages and located just one house from the corner of Newborough Street, the possibilities include (subject to WAPC approval):
- Landbank and lease for immediate income
- Renovate and enhance the existing home
- Subdivide the rear while retaining the front residence
- Redevelop into three modern dwellings
Location Highlights:
Set at the northern end of Scarborough, you'll enjoy close proximity to:
- Parklands and recreational spaces including Abbett Park
- Quality schooling
- Shopping and essential amenities located at Karrinyup Shopping Centre
- Easy access to major transport routes, beach and CBD
Additional Information:
Council Rates: $1,779 p.a.
Water Rates: $1,287 p.a.
Estimated Rental Return: $550$600 per week
Opportunities like this are becoming increasingly raresecure your future in this high-growth coastal suburb today.
Buyers must seek their own independent advice for development options and not rely on the Agents opinion.
For more information, contact:
Mark Cribbon
0415 586 767
mark@wcre.com.au
