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This is an opportunity you don't come across every day!
We present two already subdivided properties, each with its own title, being sold together as one, set on a generous 916sqm of land.
Zoned R20, the potential here is immense: convert it back into one substantial residence and even take it further by re-subdividing to retain and build*. Alternatively, leave it as is and continue to collect rental income as a long-term investment.
Internally, a central hallway runs the full length of both properties, with generously sized rooms featuring stunning jarrah floorboards and high ceilings. The flexible layout provides the option to reinstate the home as one seamless residence or explore a range of other possibilities.
Externally, a driveway leads you to the rear of the block, where there's plenty of space for triple garaging, a workshop, a swimming pool-or all of the above! The choice is yours.
Located west of Beaufort Street, on the city side of the street, you're moments away from all the amenities you could ever need. Perth College, Mount Lawley Primary and High Schools are all within easy walking distance - it is ideal for family living.
Don't miss out on this rare chance to secure a property with such remarkable potential!
69A First Avenue:
*Rented at $525.00 per week, periodically, to a long-term tenant
*Water rates: $1,172.88 P/A
*Council rates: $1,641.55 P/A
69B First Avenue:
*Rented at $590.00 per week, fixed lease until 12th April 2025
*Water rates: $1,071.11 P/A
*Council rates: $1,607.49 P/A
Please note:
*69A & 69B First Avenue being sold together as one - From Mid $1m's.
*The double carport visible in the image is no longer present.
*Future development subject to council approval.