RARE FIND!
Huge Development Potential - 4 Unit Site (R20/40)
Welcome to 5 Rintel Court, Koondoola - a rare opportunity offering size, location and incredible development potential. Set on a huge 889sqm block zoned R20/40, this property presents endless options for developers, investors, and families looking to secure a prime piece of real estate in one of Perth's most convenient locations. Whether you're planning a 4-unit development, a retain-and-build project, or simply holding as a long-term investment, this block is full of possibilities.
The existing residence is a well-maintained 3-bedroom, 1-bathroom home that has been updated with a modernised kitchen and bathroom. Multiple living areas provide plenty of space for the family, while features such as air-conditioning and security screens add comfort and peace of mind. With a potential rental return of $700+ per week, the home is ideal to lease out immediately while you prepare future plans.
Location is another key highlight. Just 14km from the Perth CBD, the property is positioned close to quality schools, parks, and public transport, ensuring everyday convenience. Major roads including Reid Highway and Tonkin Highway are easily accessible, with Perth Airport and the Malaga Industrial Area just minutes away. Shopping centres and community facilities are also nearby, making this an attractive option for both investors and future residents.
Opportunities like this are rare in today's market. Large blocks with strong rental potential and genuine development flexibility don't come up often - and this one ticks all the boxes. Whether you're looking to develop now or landbank for the future, 5 Rintel Court is an opportunity not to be missed.
Be quick - this property will not last long!
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: #L36149961
