279 Albert Street, Balcatta WA 6021

The DA (Development Application) is approved for this 4,208 sqm development site, zoned R40 with approval in place for 12 grouped dwellings. This is a dream site and seriously worth the number crunching. The hard work working through shire for DA approval has been done.

Within close proximity to main amenities, not only the land makes for a great investment but so does the location! Approx. 11km to Perth CBD and approx. 4km to Stirling Train Station, this location is not only great for those needing to get into the city, there is a large lifestyle attraction too, only a few km to popular Scarborough Beach, Innaloo and Karrinyup Shops to name only a few. So buy, build and sell or build and hold as an excellent addition to your portfolio.

LAND INFORMATION:
Total land size - 4,208 sqm. Consists of 10 lots at 209.10sqm and 2 others slightly larger being 244.6 sqm & 235.6 sqm.
Zoned R40
Development Approved for 12 units that consists of 3 bedroom, 2 bathroom, double garaged homes. Total floor area = 140.3 sqm each.
There is also an easement registered on the title that allows for a generous amount of open space which is a rare commodity and will allow the developer some flexibility in use and aid in the eventual sale of the units.

EXISTING DWELLINGS:
There are 2 existing properties on the land, currently tenanted, which will provide a rental return until such time you decide to commence your development.

Duplex 1 - consists of an existing 3 bedroom 1 bathroom home
Duplex 2 - consists of an existing 2 bedroom 1 bathroom home

CLOSE BY AMENITIES:
Perth CBD approx. 15min drive (11km)
Stirling Train station approx. 4km (6min drive)
Karrinyup Shopping Centre approx. 5.5km
Stirling Central Shopping Centre approx. 3.4km
Innaloo Shopping and Entertainment Centre approx. 6.1km
Scarborough Beach approx. 8.5km

For a copy of the Approval Notification and Design Drawings please email or call and we will provide it to you. [email protected]

EOI - Expressions of Interest close March 24, 2015 at 5:00pm WST. The seller reserves the right to consider or accept offers prior to the close date. In respect to potential buyers if you have registered an interest we will notify all buyers should an offer be presented prior to the close date.

** It is recommended the buyer carries out their own due diligence and doesn't rely upon information provided by the agent solely , further information can be obtained from the City of Stirling Council. Pictures and maps are for illustration purposes only. **