Development Opportunity!
The old adage “Location, Location, Location” certainly applies here! Not only is it situated in a quiet cul-de-sac with it’s very own park, it’s also very close to freeways, public transport, shopping centres, Fiona Stanley & St. John of God Hospitals, other medical facilities, restaurants, schools, Murdoch University, Morris Buzzacot Reserve and more.

This property offers itself as a fantastic development prospect for the savvy investor/developer. The site has been surveyed and had proposed drawings completed to show how the property can be developed.

The plans are simply proposed plans based on the survey and R Codes, and a Buyer would be required to do their own due diligence in regards to the development potential of the site.

Option 1 – demolish the existing property, subdivide up the middle, and create two Lots. Perhaps you would build on one and sell the other? Or build on both and keep one as an investment? Or do the development with a friend or relative and have one block each?

Option 2 – potentially subdivide and retain the existing home and create a battleaxe block. Sell the front house as it is? Renovate it and then rent it out or sell it? Live in the front house while you renovate it and develop the site?

Key features:
* 3 bedrooms plus sleepout
* 1 bathroom
* Brick and tile home
* Front living room
* Kitchen / meals
* Front and back verandahs
* Jarrah floorboards throughout
* 769sqm (approx.) block

Don’t delay… a quality development opportunity at this price, in such a fantastic location won’t last long!

For further information or to discuss viewing arrangements, please phone Leigh Moore today.