This spacious and well presented 3 bedroom home is set on a generous 875m2 block and has an application for creating two survey strata street frontage lots conditionally approved by the Western Australian Planning Commission. (details and copies of plans available) This is an exceptional opportunity to enter the property investment market. Choose to sit on this property with the existing tenant in place, purchase and move in yourself or develop straight away. ...
This spacious and well presented 3 bedroom home is set on a generous 875m2 block and has an application for creating two survey strata street frontage lots conditionally approved by the Western Australian Planning Commission. (details and copies of plans available) This is an exceptional opportunity to enter the property investment market. Choose to sit on this property with the existing tenant in place, purchase and move in yourself or develop straight away. Once subdivided these lots can be on sold vacant, or with house and land spec homes. Hold one and sell one, keep both or sell both. The decision is yours. (talk to me regarding recent sales of vacant land in almost exactly the same situation and I also have sales of newly built single level 4 bedroom 2 bathroom homes on similar size blocks in Duncraig) Across the road in Wandina Way a very similar development has already been completed and has been extremely well received by buyers in the area. Obviously this property is set on substantial grounds and has fantastic gardens surrounding the well cared for and modernised 3 bedroom home. Two separate living spaces are brought together via an updated kitchen that overlooks the patio which extends along the full length of the rear of the home. This provides a brilliant outdoor area taking in views of the tranquil gardens. This property is only available to be viewed by appointment so please contact Ian and I will arrange a suitable time for you. Details: The WA Planning Commission has given a preliminary approval for the creation of two individual street frontage survey strata lots. Lot 101 being 474m2 & Lot 102 being 400m2. Tenancy: Currently tenanted at $450 per week on a periodic lease. The tenant would very much like to stay on and has expressed interest in signing up on a fixed term lease
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