Price Undisclosed

3 Bed  •  1 Bath  •  2 Car  •  990m²

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Price Undisclosed

  • 3
  • 1
  • 2
  • 990m²

House Sold on Thu 25 Jun, 2015

What's around Queens Park

House description

“CORNER 990 SQM DEVELOPMENT POTENTIAL BLOCK ZONED R17.5/40”

The English philosopher Francis Bacon was quoted as saying " A wise man will make more opportunities than he finds " ... and so it is with this rare offering, if you make it your opportunity !

THE HOUSE
A solid 3 bed 1 bath solid brick n tile home with spacious bedrooms, two large living area's, freshly painted and new flooring. There is a large brick garage/ workshop to the side of the property.
The property is presently leased at $400 per week.

THE BLOCK
The block is a flat 990 sqm , rectangular corner block zoned R17.5/40 with a large frontage of 61.52 metres.

DEVELOPMENT POTENTIAL
4 single storey villa's
OR
Retain the existing house and build another two properties at the rear/ side facing onto Prince Street.
OR
Multi dwelling apartment development with potential up to 10 apartments

THE LOCATION
Set in arguably one of Queens Park's most sought after streets, the property is perfectly positioned close to the train station, Canning Leisureplex, Westfield Carousel and also provides easy arterial road access to Welshpool Road, Albany Highway & Row Highway.

THE OFFERING :
We are seeking offers From $719,000.

As a very good comparative, a property on 35 Gerard Street, East Cannington just sold under the hammer for above the $750,000 mark, and this for a property in an inferior location. Both hold the same zoning, corner block locations, and same potential to retain and build two new dwellings
Or build up to 4 villa's or up to 10 apartments.

Please contact Trent Garrett on 0431 777 100 for your opportunity to secure this sought after and highly in demand " CORNER BLOCK TREASURE " .

Land details

Area: 990m²

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