Second Chance

*** Finance has fallen through – You now have the oportunity to buy the best value development site in the foothills ***

76 Sussex Road Forrestfield is on the market, suits various buyers and all at a perfect time. And here’s why.

The home is ready to move in or rent out with an upgraded kitchen, renovated bathroom, new flooring, great sized bedrooms with built in robes, a workshop with separate storage area, split a/c, fire place and a huge back yard.

R25 Zoning allows you to retain the front house and build on the back or demolish the house and build two brand new dwellings. You could even build your dream house now and leave room for a driveway down the side for future development.

If you’re thinking longer term, then land banking this property now presents amazing opportunities for the future. If you maximise the R40 Zoning (subject to council approval) then a subdivision of up to 4 lots is achievable. (For R25/R40 zoning information please contact the City of Kalamunda on 92579999)

Perth’s rental market is the strongest it has been in years with the vacancy rate dropping to 2.3% (as of April 2019) which is a 6 year low.

Perth’s property market is at its lowest point in several years which means its potentially a great time to buy. Many of these large development style properties were selling for well over the 500k mark just a few years ago.

Forrestfield itself is touted as one of Perth’s up and coming suburbs. Its location is perfect with great access to the CBD, Midland and Perth Airport. Plus the upgraded shopping centre, The Hales’ land development and Forrestfield Link coming in 2021 are just a few of the reasons Forrestfield is on the up.

For further information regarding this great property please call Michael Wallace on 0401748291 or Glen Newland on 0433 657 895.

Property ID: 1046567