Prime development site (1027 sqm R25/R60 zoning)

You’re not buying this one for Pretty, this one is all about sqm and potential. As the Perth Market goes BANG, properties like this are in high demand and generally sell very quickly.

The R25/R60 zoning here means you have the potential to build up to 6 properties (subject to council approval) or if you want to play it safe you could just build 3 like they did next door. The options are endless and with the property being over 1000sqm it means the restrictions from the City of Kalamunda for the use of the block is much more lenient. It’s always best to consult with your surveyor and the City of Kalamunda if you’re planning on developing though.
City of Kalamunda 92579999

The home itself is a neat 3×1 with a few upgrades during its time. An updated kitchen is a bonus while the front lounge room enjoys views to the parkland and School adjacent. The house is kept cool and cosy by ducted reverse cycle air conditioning and the drive through access to a large powered workshop is perfect for storing the toys away. It’s also on a bus route and less than 300m to the shopping centre.

Retain the current tenant who is paying $330p/w on a periodical lease OR move in and enjoy the home as it is now and make use of the HUGE yard and workshop while you wait for the area to grow even more.
Generally speaking, Land increases in value – houses decrease in value. That’s why these giant blocks make so much sense as an investment.

Call me for more details – Glen Newland 0433657895

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants & purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the agent and are expressly excluded from any contract.

Property ID: 1184646