Land bank while you live in and enjoy.

Here is an outstanding opportunity too good to pass up. With real estate you’ve always got to be thinking forward and what potential there is to earn money in the future. That’s where this property stands out.
This 2028 sqm Block is already zoned R40 which gives it great potential as an 8 unit site (subject to approval by relevant authorities) BUT the added bonus is the proposed road access to the rear of the property making this a dual frontage block (subject to the Kenwick South Draft Development Plan being passed) This would give you even more development opportunity.
While you’re assessing your options of how to make the most $$$ in the future you have a beautiful renovated 3 bedroom 1 bathroom cottage home perched neatly on the front of the block which makes a perfect rental or home for yourself. The additions to the property such as the 6m x 7.5m workshop with drive in access, below ground swimming pool, patio entertaining area with poured limestone and bullnose verandas surrounding the home can all be retained on the front quarter acre (1012sqm) leaving the back quarter acre s your nest egg for 4 units! When the time is right in the future you can also sell off the front quarter acre as another development site or develop it yourself…. As I mentioned, It’s all about the future potential here.
The home itself has been beautifully renovated over the years and is currently rented out to fantastic tenants who would love to stay on. Some of the features here include:
– 3 bedrooms
– 1 renovated bathroom with the option to make the study into an ensuite to the master (plumbing ready to go)
– 3 x split system air conditioners throughout
– Renovated kitchen and dining area with recessed ceiling
– Huge laundry with extra storage area and polished concrete flooring
– Huge lounge area with ornate cornicing and high ceiling
– Built in robes in all bedrooms
– Master bedroom has its own parents retreat area with double French doors
– Instant gas hot water
– Modern rendered finish
– Front of the property is enclosed with brick wall and security gates
– Rear drive through access to 7.5m x 6m powered and plumbed workshop
– All Colourbond fencing around the properties 3 back fences
This home is ideally located close to train station, bus stops, East Kenwick Primary School, Rehoboth Christian College, Kenwick Public Library, Kenwick Village Shopping Centre and parklands.

As always if you’re buying this property for future sub-division potential then do your due diligence and check with your surveyor and the City of Gosnells on 08 9397 3168 first. More details about the City of Gosnells Draft Structure Plan for this area can be found on the city of Gosnells website. .
Contact Glen Newland for any further information or to book your inspection

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.

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Property ID: 1266049