16 Mundford Street, North Beach WA 6020

A REMARKABLE BLOCK IN A REMARKABLE LOCATION!

***BIDDING TO COMMENCE AT $650,000***

AUCTION on site Saturday 27th October at 1pm (will not be sold prior)

BUYERS MUST REGISTER TO BID AT THIS AUCTION

AUCTION TERMS
Deposit: $10,000
Settlement: 27th November 2018

16 Mundford Street is a rare investment opportunity in an area that's already starting to boom. Featuring two duplexes on 744sqm block with R30 zoning has serious development potential with potential for two dwellings.

This prime piece of land is conveniently positioned between the suburbs, the city and the beach, nested amongst the areas long list of amenities, ideal for savvy investors.

Within a stone's throw of local shops, and only a short drive to the CBD, you can rest assured you're buying a solid investment in an area that will continue to grow.

Development blocks of this value and size are becoming increasingly rare as the last of them are being snapped up by investors looking to cash in with a development of their own.

HOME IN BRIEF:
- Built in 1960's on a 744sqm block.
- Zoned R30, development scope for two dwellings with council approval.
- Approx. 23m frontage, 32m long.
- Featuring TWO, one bedroom, one bathroom duplexes to be sold in "as-is" condition.
- Indian Ocean at your doorstep - enjoy the active lifestyle that West Coast Drive is famous for.
- Walking distance to eateries, boutiques, and wellbeing amenities.
- Transport is easy - close to Beach Road, North Beach Road/Reid Hwy & Karrinyup Road.

OUTGOINGS:
- Council Rates: $2,290.00/pa (approx.)
- Water Rates: $763.38/pa (approx.)