Proudly Presented By Ivan Da Costa If you are an INVESTOR, BUILDER or DEVELOPER, you would now want to miss this!!! This DUPLEX POTENTIAL Block (approximately 674m2) is a GREAT investment OPPORTUNITY!!! If you are looking for DEVELOPMENT opportunity or a house to INVEST in, then this property is DEFINITELY for YOU!!! Currently, there is solid 3-bedroom and 1-bathroom home located on the block and with some extensive renovation, you will have an OPTION turn it into a beautiful family home or even as an investment property. The options that you will have from this property: • Renovate the existing house and rent it out for instant income. • Demolish and build your dream family home. • Demolish, sub-divide into 2 vacant blocks and sell them individually (STCA). • Demolish, sub-divide and build 2 new homes (STCA). More information on the property: • Green title block of 674m2 (approximately), R30 Zone • Existing home comes with a solid brick and tile 3-bedroom and 1-bathroom • Excellent Rectangle Shape Block with a wide 26.8m frontage (Approximately) and 25.2m depth (Approximately) • Flat block with minimum site cost • Located under the catchment area of both the Lathlain and Carlisle Primary Schools • Property is currently tenanted with a rental income of $450 per week and the lease will be expiring on the 23rd of September 2025 • Property to be sold in an As Is condition. Location: • Located approximately 1.5km from the famous café strip along Albany Highway in Victoria Park and walking distance from the restaurants and shops along Archer Street • Located close to the public transportation route, approximately 1.2km to Oats Street Train Station • Located approximately 8km from Perth CBD and approximately 9km from Perth Airport. For more information or to view this property, please contact: Ivan Da Costa - 0411 66 88 99 Council Rates: TBA Water Rates: $1269.17 (per annum)
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Property ID: 148405592
Original Property ID: 148405592