This 1012sqm (approx) development block is located in the heart of Victoria Park and in walking distance to the Albany Highway cafe strip and shops. Situated in a small pocket of high density developments, this is one of the last genuine opportunities in this local section of Victoria Park.
Zoned R60, it is the intention of the WA Planning Commission to increase the availability and range of housing types in areas close to the city centre and a demolition notice could be sought from the WA Planning Commission for the existing character home as this development block is surrounded by existing high density developments.
This property offers a range of opportunities for the astute developer.
1) Build 3 new townhouses at the rear and renovate the existing front 3 x 1 character home at the front.
2) Apply for a demolition notice and potentially develop the whole site.
Council Rates: $1002.64
Water Rates: $697.45