Offered for the first time in 75 years, this charming 1950s home presents a rare opportunity for homeowners, renovators, and developers alike. Situated in a connected location, just a short stroll from Loch Street train station, this generous 827sqm block with north-facing rear, sits within an R40 high-density zoning area - offering outstanding subdivision and redevelopment potential. Whether you're looking to renovate and enjoy the existing home, rent it out for income, or take full advantage of the zoning for a new multi-dwelling project, this property caters to a variety of investment strategies. Retain the existing character home and develop the rear, or clear the block entirely for a boutique development of new dwellings (STCA). With limited development-ready sites currently available, this is a prime chance to secure a versatile and valuable piece of real estate in a tightly held market. This property represents a significant and rare opportunity in today's market., don't miss your chance to unlock its full potential. Key Features: - Original 1950 home - 827sqm sub-divisible block in R40 high-density zone - North-facing backyard with excellent orientation - Easy access to public transport - (Loch Street train station) - Renovation potential to add value and style to the existing brick and iron home - 3 big bedrooms with Jarrah floors - Solar panels - Shenton College and Mount Claremont Primary School catchment - Close to schools, shops, and major arterial roads Development potential (Zoned R40); - Retain and renovate the front home with rear battle-axe lot - Demolish and develop multiple dwellings (STCA) Rates (approximate): Council: $2,412 pa Water: $1,376 pa
Email enquiry to Shellabears - Cottesloe
Property ID: 148404040
Original Property ID: 148404040