Whopping 1019sqm corner block oozing with sub-division potential

The market has already come back and I don’t predict it will come back any more, if your hunting for the bargain its time to get in now. Forget all this pro-posed rezoning changes happening. If you’re looking for a huge corner block with a terrifically well maintained and loved 3×1 home for a terrific investment then you will love this. The best part is it already has the required R25 zoning to get going NOW! The current zoning of the property will allow for 2 dwellings but any savvy developer or surveyor should be able to get 3 properties out of this one. The huge street frontage is going to give you plenty of options for 3 street front properties and the corner location should allow you to make use of the 5% concession on lot sizes. Please don’t take my word for it through, make your own enquiries before offering if sub-division is your aim.
That’s not even taking into account the Kalamunda shires proposed rezoning of the area which if it is passed will rezone this property to R20/R40 and open up your options even more!

The home itself is extremely rentable or liveable and enjoys an elevated position looking out over the Hartfield reserve. If you love the cricket or Rugby you can turn of the TV and watch your local legends play across the road from your porch.
Other extras include
• Large lounge room
• Huge formal entry hall
• Great sized bedrooms with built in robes in 2 of them
• Huge kitchen with plenty of bench space
• Patio area overlooking huge secure grassed area
• Single lockup garage
• Split system air conditioners

This one is a stand out development option in the Forrestfield market place in an A1 location so contact Team Newland today for your inspection.

Property ID: 832725