Now here is an opportunity to secure this prime development site in a great location close to shopping centre, transport and schools!!
Measuring some 5,535sqm (1.37 acres), there is an existing ‘very rentable’ 1996 built 3 x 1 with semi-ensuite, second WC and split system air conditioner. The rest of the site has previously had approval from the Kalamunda Shire for a 14 unit strata title development which has now lapsed.
High Wycombe is just 15 km from the Perth CBD, and has enjoyed consistent strong growth as confirmed by official data from the Real Estate Institute of Western Australia showing a five year average annual increase of the median house price of 14.2% and a current median price of $389,250 (both figures as at Dec 2009).
Check local guides for inspection / viewing times.