101 Barbican Street East, Riverton WA 6148

Are you out there looking for the golden egg? This could be your lucky day.

This large 1214 Sq. Meter property is zoned R30 and is almost perfectly rectangular. The frontage is 20.1 meters and each side is 60.3 meters deep. What does all this mean? The block has potential for 4 units (STCA). It doesn’t get any better than that in today’s market. The location is arguably one of the best as well.
The existing home is very well looked after and is very easily rentable at approximately $800 or more per week. This 3 Beds home also comes with a separate self-contained granny flat, a large workshop and a storage shed.

Full rear access through the car port, which itself is big enough for 3 cars. For convenience, the circular frontage also makes driving easy and there is room for a boat or caravan. This offers a great opportunity for an astute investor! You can either rent it out for now, wait for the land to increase in value and develop later; or bulldoze the existing strong house and split the block into four. Either way, you would be happy you added this one to your portfolio.

The home is a few minutes’ walk from the lovely Canning Parkland where you could enjoy the picturesque view and top-class dining by the river. There is abundance of walk and cycle tracks offering good health and superb lifestyle around here. The Leisureplex, Riverton Forum, and Curtin University are all within a few minutes of this location too.

This property is within the ever-popular Rossmoyne High School zone. Public transport from here is easy and so is the availability of other amenities.

BUT YOU HAVE TO HURRY AS THIS WILL NOT LAST LONG ON THE MARKET