4 Otway Place, Craigie WA 6025

MORTGAGEE IN POSSESSION

21 bidders registered for this auction. Only one was successful. If you are thinking of selling in Craigie please call me.

759m2 block zoned R20 / R40. We often have buyers ask us for development sites and they almost always say "we don't want to have to pay too much for the house". Well with this one the house is free. Someone may decide to restore the existing 4 bedroom 1 bathroom home on the block but we think that's unlikely. Have a look for yourself.

So lets talk about the block. 759m2 of level land that requires no retaining works with a fantastic 22 metre wide frontage and is perfectly rectangular in shape.

It is in the City of Joondalup's Housing Opportunity Area 5 and has dual zoning of R20/ R40. In general terms an R-Code of R40 means that an average of 220m2 is required per dwelling. (Note: Your own enquiries must be made with the City of Joondalup and the WA Planning Commission for this site and no representations are being made by the seller or their agent.)

The property is being sold under terms that mean it MUST go to auction and WILL be sold at auction on an "as is" basis.

The auction will be held on site on Saturday 9th September 2017 at 10am.

Lot size: 759m2
Frontage and rear boundary: 22 metres
Depth: 34.52 metres