69 Monmouth Street, Mount Lawley WA 6050

This property is conveniently located within walking distance of the bustling Beaufort Street, which offers a plethora of delightful cafes, restaurants, and shopping options. Additionally, it is situated in close proximity to buses, providing easy access to Perth's CBD in just a few minutes. The area also boasts several fabulous parks, including the Mount Lawley Golf Club, which is sure to please any outdoor enthusiast. Furthermore, this property is located within the catchment area of both Mount Lawley Primary and High Schools, which are highly regarded school. Your also a short drive away from Edith Cowen University. Furthermore, a short walk and even shorter drive will get you to Hyde park and the North Perth Plaza.

The home is surrounded by some of Perth's most prestigious properties of grand proportions, adding to its allure. It is becoming increasingly difficult to find unrenovated character properties with such potential, making this property a rare find indeed.

Lets talk development potential!! For the developer that is looking to establish a set of newly built town houses in the area, this massive 1214 sqm block is zoned R40. Meaning the potential to subdivide in to 4 blocks subject to council approvals. Retain and build is also an option taking full advantage of not only the block but the potential the home already has. Potential subdivision proposals are available upon request.

Guaranteed rental income of over $30,000 per annum with existing property.
The owner of this prime property has had every intention of developing and building with already drawn plans available but due to personal and health circumstances hasn't been able.
The property offers the option of 4 blocks in total with 2 green title subdivision and a further 2 strata title subdivision on each green title. Plans have been put to the council but have no expired and are available for viewing.

Welcoming buyers in the mid to high 1 mil price point. Don't look back with regret as home likes these are diamonds in the rough. Register your interest today. Book private viewings or come to our home opens.

Call Daryan today on 0404571092

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent inquiries.