58 Banks Avenue, Hillarys, WA 6025

Lucrative Development Opportunity

This property is zoned 'Centre' R80 mixed use

Offering unmatched versatility for residential and/or commercial development, this prime location boasts high visibility and convenience. Situated directly opposite Whitfords Shopping and Entertainment Centre, diagonally across from St. Mark's School, and close to beautiful beaches, parks, public transport, and all your daily conveniences.

Property Options:

- Residential and/or Commercial Development - Take advantage of the prime site with a 100% plot ratio and 3-4 storey height restriction (subject to approvals). Perfect for a sizeable development offering excellent returns on investment.

- For Example: A residential development comprising of 9 apartments of 76sqm each with a conservative current market sale value of over $700k per unit and a total price of over $6.3million

- Commercial Office or Business Premises ? Convert the current house to a business premises and leverage its excellent high-exposure location.

- A Family Home - Move straight in and enjoy the existing residence.

This property forms part of the Whitford Activity Centre Plan.

Click here for more information: https://www.joondalup.wa.gov.au/awcontent/Web/Documents/Structure%20Plans/Whitfords-Activity-Centre-Plan.pdf

Property Features:

Spacious Living Areas

- Formal lounge with abundant natural light

- Open-plan, split-level living and dining area leading to the patio and pool, featuring reverse cycle air-conditioning

- Additional activity room or study

Functional Kitchen

- Double-door pantry

- Stainless-steel appliances

- Dishwasher

Master Bedroom Retreat (Upstairs)

- Reverse cycle air-conditioning

- Walk-in wardrobe

- Balcony overlooking the pool and yard

- Ensuite with shower, WC, and large vanity

Additional Bedrooms

- Bedroom 2: Reverse cycle air-conditioning and built-in wardrobe

- Bedroom 3: Built-in wardrobe

- Double-sized 4th bedroom/home office/theatre room with extensive cupboard space

Modern Bathrooms & Laundry

- Main bathroom with bath/shower and vanity

- Laundry with ample cupboard storage

Outdoor Entertaining & Amenities

- Large covered patio

- Salt chlorinated pool with Chemigem system

- Barbecue gas point off mains

- Fully enclosed front yard with spacious lawn and garden

Additional Features

- Huge powered shed/workshop/games room

- Fully reticulated gardens and lawns

- Double carport with automatic garage door

This information is for general guidance only, no warranty or representation is made as to its accuracy and should not be relied upon by any interested buying parties nor can the agent or seller be held liable or accountable for any details provided.