Seize the opportunity to purchase this sub-dividable 1039sqm corner block with a solid 3bedroom 1 bathroom residence plus large workshop. Presently zoned at R25 but has a proposed zoning change to R40 under the Phoenix Revitalisation Project which is looking to be finalised within the next 12 to 18 months.

So you can choose to subdivide now and put two units on the block or rent it out (with an expected rent return between $340-$360 per week) and wait for the zoning change where it would have the potential for three to four units and with no height restrictions the sky is the limit.

You can do your home work by going to www.cockburn.wa.gov.au/phoenixcentral and see for yourself what the future holds for this up and coming suburb just minutes from the beach and the new Coogee marina.