Available now and ripe for a great development opportunity are these two side by side blocks zoned R20/60, they are situated on a huge 1800sqm block with enviable side street access. This is a rare opportunity to develop using the higher density zoning of R60 due to the side street access (STCA) with villas and townhouses in this central suburb in high demand and selling quickly.
The design possibilities are endless, whether you are looking to build, apartments, villas or townhouses. The corner home is currently rented and provides holding income while you design your development. The adjoining 3/4 bedroom and 1 bathroom home with a working pool, is in need of some TLC and currently not returning an income, it has been rented in the past, and can be tidied up and rented again to increase your return if you hold the properties.
The sellers are looking for expressions of interest and the sale of the properties as a pair.
Property features include
- Two properties available, 966sqm and 834sqm = Total land area of 1800sqm
- Zoned R20/60
- Potential to optimise R60 zoning (STCA)
- Enviable side road access
- Huge 75 meter street frontage
- Opportunity to rent both homes (one already leased)
- New villa's and townhouses in demand in Willagee
- Walking distance to parks, Melville High School, Caralee Community Primary school, shops, restaurants and cafes
- 6km to Fremantle, 7km to Port Beach, 7km to the Point Walter and the Swan River, 5km to Garden City
For further information please call Michael Allen, Willagee's Specialist.