Discover the potential of this expansive 919 sqm R20/60 zoned block in the heart of Girrawheen. Featuring a solid 5-bedroom, 1-bathroom home with 2 toilets, this property offers multiple development avenues.
Retain and Build: Keep the existing residence and utilize the generous rear space to construct potentially two additional dwellings. (With the ratifications of the wapc)
Stage Development: Lease the front home while potentially building two villas at the back, then consider redeveloping the front for further opportunities
Full Redevelopment: Demolish and capitalize on the zoning to build up to five new homes.
Location Highlights:
Education: Proximity to reputable schools such as Hudson Park Primary School and Roseworth Primary School ensures quality education options.
Shopping & Amenities: A short stroll to Newpark Shopping Centre provides access to supermarkets, dining, and essential services.
Transport: Well-connected by public transport, with bus routes servicing Girrawheen Avenue and Marangaroo Drive, facilitating easy commutes.
Investment Potential:
With a light renovation, the existing home could achieve rental returns of $650-$700 per week, offering immediate income while you plan your development.
The property offers large patio, carport to keep car under cover and a massive workshop.
Don't miss this exceptional opportunity to invest or develop in a thriving community. Contact us today to explore the possibilities that 11 Calvert Way has to offer.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent inquiries.
Property ID: #L33953213
