UNDER OFFER
Spacious 732m2 Block | Solid 4 Bedroom House | Prime Location
If you're looking for a solid property with fantastic development potential, this 4-bedroom, 1-bathroom home in Kenwick is just what you've been waiting for!
Situated on a generous 732m2 lot with R20/R30 zoning, this property offers incredible flexibility for investors, developers, and homeowners alike.
Investment Appeal
With an estimated rental of $580 to $610 per week in today's market, this property represents a sensible investment decision. An excellent "set-and-forget" with immediate income.
Development Potential (Subject to Council Approvals)
The opportunities here are extensive, and the choice is yours:
* Keep the Current Home: Retain the existing 4-bedroom residence, subdivide the land, and build an additional home at the back. An ideal setup for dual-income potential.
* Build a Granny Flat: Capitalize on the spacious backyard by adding a granny flat. Perfect for extra rental income, multigenerational living, or guest accommodation.
* Demolish & Rebuild: Start fresh by subdividing the block. You can build two brand-new homes to sell, lease, or live in.
* Subdivide & Sell or Build: Subdivide the land into two separate lots. Sell both lots, or build a new home on one lot while selling the other as vacant land.
Property Features:
This well-maintained property boasts practical features and plenty of outdoor space, including:
* Evaporative Air Conditioning: Beat the summer heat and stay comfortable with cost-effective cooling.
* Large Backyard: Ample room for family gatherings, play areas, or future development, along with a shed for storage or hobbies.
* Extensive Parking: A Carport for 2 vehicles plus additional open parking for 2 more cars, ideal for families with multiple cars or guests.
* Wide 20.5m Frontage: Provides added flexibility for development and maximizes the value of the block.
Prime Location (Distances Are Approximate)
* East Kenwick Primary School: Just 450m away, making school runs a breeze.
* Rehoboth Christian College: Only 650m from the front door.
* Kenwick Train Station: Located just 1.6km away, providing quick and easy access to public transport for city commutes or weekend trips.
** This property is currently tenanted until April 2, 2025, bringing in a steady rental income of $530 per week.
adresse | distance | nombre de chambres | nombre de salles de bain | superficie du bâtiment | date de vente | prix de vente | source de données | |
|---|---|---|---|---|---|---|---|---|
 | 0.41 km | 3 | 1 | -m2 | 2024 12 16 | $657,000 | Council approved | |
 | 0.10 km | 3 | 2 | -m2 | 2024 07 24 | $270,000 | Council approved | |
 | 0.21 km | 4 | 2 | -m2 | 2024 07 24 | - | Council approved | |
 | 0.35 km | 3 | 1 | -m2 | 2024 07 21 | - | Council approved | |
 | 0.27 km | 4 | 2 | -m2 | 2024 07 11 | - | Council approved |