LAND BANK POTENTIAL - SECOND CHANCE

House Sold - Bentley WA

Built in 1952 this original condition family home consists of 2 bedrooms and 1 bathroom, set on a perfectly shaped rectangular shaped block with a land area of 999m2 approx.

The property has had a change in zoning last year to R100 which means you can only develop apartments with this location subject to shire approval.

The saying “Buy land, they’re not making it anymore.” is perfect phrase for this location as due to its close location to Perth CBD and Curtin University.

FEATURES

Separate large lounge
2 bedrooms plus a sleepout.
Open dining, kitchen and sitting area.
Large shed
Plus a massive back yard

ATTENTION BUYERS THIS PROPERTY IS BEING SOLD “AS IS CONDTION”

Block Information
* Green title block of 999 m2
* Flat & perfectly rectangular in shape
* Frontage: 20.1 m
* Depth: 49.7 m
* Zoned: R100/R2

Options

– Develop apartments estimate 12 to 15 apartments with max height of 4 levels (Please speak to the Canning Shire on the potential development potential)
– Land banking, renovate to live in or rent out.

Helpful Links : https://www.dplh.wa.gov.au/getmedia/5926602c-ab14-46f0-be6f-56dc31c45902/SPP-7-3-R-Codes-Apartments

https://www.canning.wa.gov.au/business/business-in-canning/maps

Boasting a central location that ticks all the boxes, this property is close to the train station, Bentley Plaza Shopping Centre, Curtin University, Technology Park, the local cafe strip, and 8.5kms from Perth CBD.

Call Andrew Patterson for more information