$1,400,000
3 Bed • 2 Bath • 0 Car • 2023m²
New
11 Spring Avenue, Midland WA 6056
$1,400,000
- 3Bed
- 2Bath
- 0 Car
- 2023m²
House for sale44 days on Homely
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What's around Spring Avenue
House description
“Rare Investment Opportunity: Massive 2023sqm Block with Existing Home”
Discover the epitome of investment potential with this remarkable property offering!
Spanning an impressive 2023sqm, this parcel of land is a developer's dream, boasting current zoning (R40) for multiple dwellings.
Falling under the esteemed Local Town Planning Scheme 17 and with its substantial size the property offers the flexibility for possibly higher-density projects, mirroring the success of neighbouring developments.
Benefit from an updated and well-maintained 3-bedroom, 2-bathroom home and big shed on the property, offering comfortable accommodation for immediate occupancy or rental income.
Currently leased with potential rental income of $550-$600 per week while you strategize and secure approvals for future development, maximizing returns on your investment.
This property represents a rare chance to secure a substantial landholding with both immediate and long-term investment opportunities. Whether you choose to move in and enjoy the existing amenities or capitalize on its development potential, the possibilities are endless.
Seize this opportunity to secure your stake in a prime location poised for growth. For further details and to arrange a viewing (by appointment only) contact us today.
Disclaimer: Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations, development feasibility, and any potential constraints. All development proposals are subject to council approval (STCA).
Property features include;
Big character
3 large bedrooms
2 bathroom
Updated kitchen
Combined kitchen/living and dining
Sleepout/study
Jarrah flooring
Air conditioning
Ceiling fans
Wrap around veranda
Shed
2023sqm block
R40 zoning
Nearby amenities
2km Swan Active
2.2km Midland Train Station
2.4km Midland Gate Shopping Centre
3.4km St John of God Midland
6.5km Swan Valley
14.8km Perth Airport
17.9km Perth CBD
Property features
Air Conditioning
Deck
Floorboards
Fully Fenced
Secure Parking
Toilets: 2
Workshop
Land details
What's around Spring Avenue
Inspection times
Contact the real estate agent
Rachael O'Dowd
First National Real Estate - O'Dowd
Send an enquiry
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