29 Lincoln Road, Morley WA 6062

OWNER SAYS SELL !!!

This perfectly rectangular 754m2 block is a prime investment with a 17.2 metre street frontage. It is zoned R25 and presents an opportunity to retain the existing home and develop on the rear land or simply demolish and build two street front homes.

It is situated in a highly sought after pocket of Morley within close proximity to a host of amenities including shops, direct bus transport route to Morley bus terminal, parklands and schools.

OPTIONS 1 :

Keep the existing house leased whilst submitting plans for approvals

OPTION 2 :

Knock down the existing home and create 2 side by side lots - Street front lots (377m2 per lot)


OPTION 3 : Live in or rent out the existing front home and develop the rear lot to sell or develop.


Features of existing home :

• 3 bedroom, 1 bathroom
• Air conditioning
• Dishwasher
• 2 living spaces
• Rear decked area with pergola
• Garden shed
• Cottage style home built in 1958
• 2 Toilets
• Gated rear side access

The home is in original condition and is in desperate need of a cosmetic makeover (to be sold 'AS IS' Condition)
Currently rented at $320 P/W
The home is Asbestos with a tin roof (Quoted $16,000 to demolish and remove - cleared block)

Features of land :

• 754sqm block size
• Retain and build (subject to WAPC)
• Development potential (Zoned R25)
• Build two brand-new homes side by side (subject to WAPC approval)

Contact Nicole Newman to get your offer presented today !

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