Numerous Value Options For This Property
Nestled in West Perth, the original period Federation Home (1920) positioned in a serene location of West Perth’s Residential area bordering North Perth and Leederville is waiting to be developed or restored. Initial plans with a Penthouse on the top level was envisaged (see photos) With so many options available, it offers maximum, and real capital returns immediately, or in the future, no matter if your choice is to restore or develop.
This is a rare opportunity not to be missed. As a restoration this home will add significant capital value overnight.
Sitting on an impressive 850 Sqm block the 1920 period home features 3 generous size (XL) bedrooms, high ornate ceilings and cornices, jarrah floorboards, timber skirting and a massive formal lounge.
Restored you will be living in a home embracing a lifestyle that will be envied. The combination of old world federation charm with the requirements of modern day living awaits.
Zoned R80 (high density residential), this desirable 850 Sqm location clearly lends itself to a range of endless possibilities for Developers.
A short distance to the CBD, Northbridge, the Leederville entertainment and hospitality precinct, cafes, freeway access north and south, schools (public and private), and transport options on your doorstep, whatever your desire or motivation this property will delivers that.
An fantastic opportunity not to be missed.
Development applications are subject to Local Council approval. We recommend buyers undertake their own research.