Recently re-zoned to R60, this property is ready for redevelopment and has so much potential.
This property is well located in the heart of Nedlands with a highly desired south of Stirling Highway address on an elevated 921sqm lot with R60 zoning, 20.12m frontage and only a short walk to so many local amenities.
The existing single level circa 1950′s home is currently leased on a periodic tenancy agreement and has the potential to provide a holding income while you decide how you would like to develop it.
Ripe for development this opportunity is truly unique and presents the astute buyer with the following options:
- Lease the current property out as is while you determine the best way to maximise the redevelopment potential
- Renovate the property and hold for the future
- Demolish and redevelop with multiple options available including; a single lot bespoke designed family residence, potential to subdivide townhouse sites, or consider the option to create a multi lot exclusive development of units. (Subject to approvals from the relevant authorities).
Lifestyle benefits:
- A family friendly atmosphere
- Easy access to public transport
- Close proximity to excellent schools, universities and hospitals
- Close to local cafes, shops, cinema and local shopping precincts
For further details, or to arrange an onsite viewing please register your interest.
Council Rates: $2098.37 per annum
Water Rates: $1179.61 per annum
* Chattels depicted or described are not included in the sale unless specified in the Offer and Acceptance.