A R25/R40 sub-division opportunity (1041sqm)

Glen Newland is proud to present the pick of the bunch for sub-divisable properties in Forrestfield. Set on a whopping 1041sqm rectangle block with over 22m frontage and plenty of access to the rear of the block, this updated and clean 4 bedroom home is a goldmine waiting to be uncovered.
Featuring an updated kitchen, polished Jarrah floorboards and split system air conditioning there is basically nothing left to do here. The huge bonus is the property is currently tenanted at $400p/w on a 12 month lease!
The 1041sqm R25/40 zoned block is the perfect option for either
– building another house out the back of the existing house right now (about 3.7m access)
– demolish the existing house and building up to 4 new dwellings (STCA)
– Land bank this property with this terrific tenant and wait for some anticipated capitol growth
Obviously if you’re thinking of some development options you should do your own due diligence on what the shire will allow in regards to this property but from what we can see it ticks all the boxes.
Out the back you have a huge enclosed outbuilding room which would make the perfect teenagers retreat or games room.
All you have to do is watch the local news or current affairs shows to know that Forrestfield is being picked as one of the growth suburbs in the next few years with the redevelopment of the shopping centre, the new train line and our terrific access to the city and airport. This property sits about 800m from the main shopping complex and is an easy walk to the Forrestfield primary school and transport routes.
Call Glen Newland for inspection details

Property ID: 992069