216 Cape St, Tuart Hill WA

Once in a while a golden opportunity presents itself for the astute investor, developer or homebuyer to purchase a property that provides so many options to make you money or to improve your lifestyle. This RARE 827sqm R30 block includes a bonus three bedroom neat and tidy home that has been well maintained by the current owners and tenants (periodical lease) with the option for the next owner to rent at a premium or live in themselves.

This fantastic opportunity provides the following options subject WAPC approval:

-rent/live in home and develop at the back
-renovate/sell front home & build at back
-build two premium street front homes
-build two premium homes front & back
-build street front home/sell street front block
-develop two street front blocks
-long term investment with rental return/development

No matter which option you choose this property provides TWO PREMIUM SIZED sites and is situated a fantastic part of Cape Street walking distance to kindergarten, primary, high and mature age schools and a seven iron from Grenville Park and shops.

Approximate dimensions include 18.30m Frontage x 45.10m Depth with minimal site works required. If you are looking for an opportunity to increase your wealth or just interested in securing a property in a premium suburb and location then don't miss this.

Please note: an example of two street frontage builds directly behind current property on same size block exists.