Description
The property has the following development potential (being zoned R20/R40 subject to Council approval):
1) To demolish the existing home and create up to 3 new lots
2) To retain the existing home and to create a new lot to the rear (for further future development, the front will be having the potential of Duplex block).
Property snap shot:
* Zoned R20/40 with 3 potential dwellings upon Council approval
* 692sqm block (18m frontage)
* 3 Bedrooms all with BIRs, ceiling fans and carpet flooring
* Extended games room
* Decent size laundry
* Renovated kitchen with gas cooking and plenty of cupboards
* R/C split system in the living area and Evaporative A/c unit throughout the whole house
* Instantaneous Gas HWS
* Plenty of car spaces u/cover the lockable carport.
* External powered large shed/workshop (approximately 4.5mx6m)
* Large rear patio with lots of space for pets
* Close to the City Centre approximately 20 mins drive)
* Many major Roads (Marangaroo, Koondoola, Alexander dr) are close by, Shelvock park is at the end of the street and Alexander Heights Shopping Centre is 1.2KM away
* Currently rented to good tenants on periodic lease at $450 per week (Tenants willing to stay)
Smart investors are considering Suburb like Koondoola which has absolutely moved on and is shaping up to be a future dream.
Don’t let this to slip away as this rare opportunity is likely to disappear fast and this could be sold Off the Market?
Should you have any questions on this property or to view it, call today George Hanna on 0413 484 667 or email: george@ghanna.com.au for your private inspection which is restricted to certain days or visit one of my coming home opens.
Property Particulars:
Council Rates: $1,700 pa
Water Rates: $905 pa
Title: 1407/308
Block Size: 692sq m (approx.)
Year Built: Circa 1976
Council: City of Wanneroo
Zoning: R20/R40
