42 Holmes Street, Shelley WA 6148

Phone enquiry code for this property: 1053

1,273 sqm BLOCK zoned R20 20.92m frontage

RENOVATE or DETONATE and REDEVELOP

42 Holmes St, Shelley

RARE OPPORTUNITY IN A TIGHTLY HELD AREA

An amazing parcel of near river land in a tightly held precinct a short walk to Canning River foreshore -- with cycle trails, children’s playground plus the delightful green expanse of the riverside parklands.

With catchment for Rossmoyne Senior High School and Shelley Primary, the property is also well situated for local All Saints and Orana or Queen of Apostles students with Wesley, Aquinas and Santa Maria Colleges easily accessible by driving or public transport. Curtin University less than 5 minutes away.

The property has an older 4x2 house (1960’s) in rentable condition or plan for demolition. The property is for sale on an 'as is where is' basis together with some outbuildings.

Rarely do well located blocks this size come to market, so use your opportunity to enter this prestigious riverside suburb.

* Located in sought after area - prime land located approx. 250m from the river
* 1273 sqm rectangular / level green title block
* Zoned R20 with the possibility to subdivide (subject to WAPC approval)
* 20.92m Frontage
Includes a 4 x 2 original home that can be rented out while you prepare for development

OPTIONS :
Rent out the property while you develop your plans
Live in now and see the % growth increase annually - block value 1273 sqm! Sub-divide later - better than superannuation!
Build your dream home on a large block - north-facing rear - room for pool / courts / large entertaining areas
Sub-divide and reap the financial reward - two blocks side by side or front and rear battle axe
Sub-divide and build your new home on one lot and sell the other to finance your build with money leftover !!
Beat the 'Capital Gains’ - Sub-divide and build on one - live in for a period of time until you build the other - then move into new build and sell and profit on the first built property.

Rates:
City of Canning $1,900 pa (approx)
Water $1500 pa (approx)

ANY WHICH WAY ----
“A GREAT INVESTMENT AND MONEY MAKING OPPORTUNITY !”

Use the "GET IN TOUCH" button on the PropertyNow web page if you have any questions or to make an appointment to view and put your best offer forward.