$650,000
4 Bed • 1 Bath • 2 Car • 1012m²
New
Sold
Sold
52 Charles Street, Midland WA 6056
$650,000
- 4Bed
- 1Bath
- 2 Car
- 1012m²
House Sold on Thu 22 Feb, 2024
What's around Charles Street
House description
“1012m2 Zoned R40/60”
Highlights:
. 1012m2 zoned R40/60
. 20.1m frontage
. 1976 brick/tile home
. 4 bed 1 bath
This property is modest yet promising opportunity for developers. Situated on a spacious 1012 square meter lot, with an impressive 20.1 meter frontage, this brick and tile home, built in 1976, currently operates as a rental property. Featuring four bedrooms and one bathroom, it offers both convenience and potential.
The real allure lies in its zoning classification of R40/60, indicating its suitability for unit/apartment development. With the capacity for up to four villas or potentially even ten apartments, this property presents a rare chance to acquire a level site with an existing rental property while embarking on the journey of seeking planning approval for future development ( STCA )
In summary, this property not only provides immediate rental income but also offers a strategic investment opportunity for developers looking to capitalize on its prime location and zoning for multi-unit development.
Currently tenanted on a fixed term lease.
Call Jeet on 📲 0433729711 or Email [email protected] to schedule a viewing
Disclaimer:
The particulars and photographs shown on this website are supplied for information only and shall not be taken as a representation in any respect on the vendor or the agent. The information, opinions and publications available on this website are broad guides for general information only. They are solely intended to provide a general understanding of the subject matter and to help you assess whether you need more detailed information. The material on this website is not and should not be regarded as legal, financial or real estate advice. Users should seek their own legal, financial or real estate advice where appropriate. Every effort is made to ensure that the material is accurate and up to date
Land details
What's around Charles Street
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Jeet Singh
Property Matchmakers Realty
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