Jorden Peirce presents another development opportunity
Superbly located in one of Innaloo's most sought after street, this massive development property will appeal to many buyers with 749sqm of land!
Only a short drive away to Scarborough Beach and within close proximity to Karrinyup Shopping Centre, Lake Gwelup Reserve, Westfield Innaloo, schools and public transport hubs. The demand to move into this appealing suburb will surely increase!
In a R40 zoned with street frontage of 18.6m, this property shows potential opportunities to develop up to three homes. The block is slightly elevated with possible views of Perth CBD from a second level!
OPTION 1 - Retain House and subdivide into 3 lots! Sell the resulting lots into high demand market.
OPTION 2 - Clear the land and build 3 new houses
OPTION 3 - Rent out the property and potentially collect up to $800p/w to help service the loan. Enjoy the good capital growth whilst servicing the debt.
OPTION 5 - Buy the house and gain entry into this sought after suburb with large backyard.
*Subdivision is subject to successful approval. A 3 lot development is possible.
FEATURES OF EXISTING HOMES:
- Large living area
- Large backyard
- 3 Bedrooms
- Built in wardrobe
- 1 Bathroom
- Plenty of parking for boats or caravan
- Large Double Garage with activities area
- Level block perfect for developing
- Whisper quiet street
- NORTH rear
Be Quick! Opportunities like this don't come around often!
Call Jorden Peirce on 0416 300 431 and register your interest today!
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