885 SQM SITE ZONED R40

Professionals Victoria Park is proud to offer for sale this development property which is zoned R40. The property has potential to be subdivided and redeveloped with either 4 townhouses or multiple dwellings being apartment style residences or retain the front residence and build two dwellings behind the existing residence. The existing residence is in good condition and will provide you with a holding income as well as add significant value should you decide to retain the front residence and build two behind. Or if you want an excellent long term investment property with many future options then please consider this property.

The property is only 9 kilometres from the Perth CBD and there are many facilities so close to the property including The Bentley Shopping Centre only 500 metres away and the Welshpool Train Station into the city centre is less than 1km from this property.

The residence comprises 3 bedrooms, or 2 plus a sleepout type bedroom, entrance hall, front living room, dining area off the kitchen, 1 bathroom and separate laundry.

Property ID: 836427