24 Eddington Road, Warwick WA 6024

For Sale by Openn Negotiation (flexible terms online auction). The auction has commenced and the property can sell anytime between now and Thursday 28 February 2019. Contact Richard 0413 516 700 immediately to become qualified and not miss out if the home sells early.

This is a solid 3 bedroom, 2 bathroom brick and tile home built in 1974, but the real value lies in the "Development Potential" of the land.

The 749sqm almost rectangular block is Zoned R20/40 and we've been advised that the highest and best use for this property is to subdivide into two or three "Survey Strata" lots (subject to formal approval) which can either be sold individually or build new houses to keep or sell.

This gives you the option to buy and develop immediately or "Land Bank" this home until you are ready to develop it. Live in it yourself or rent it out; it has excellent rental history which we can provide in writing.

We suggest you carry out your own research and feasibility study.

The location is ideal being one of the highest points in Warwick. The block backs directly onto parkland and is walking distance to many amenities including, but not limited to, Warwick Grove Shopping Centre and Warwick Senior High School.

The accommodation consists of a formal lounge, formal dining, kitchen, family room, three bedrooms and two bathrooms. There is a huge pitch-roofed covered outside entertaining area, a single lock up garage and plenty of hard stand off-street parking.