Develop, or nest and invest…

This solid 1960's built home on 1417sqm of R40 zoned land offers a myriad of opportunities for the astute investor. The sale of this property comes with approved plans for a 6-villa development which have been carefully designed to allow staged construction.<br/><br/>The development can be started immediately, or you could also choose to commence a staged development while retaining the current tenancy as holding income. <br/> <br/>Currently presenting as a very liveable 3-bedroom home, this property also gives you the opportunity to move straight in while you consider your future plans. The property features jarrah floorboards, high ceilings, an updated kitchen, split system A/C, large undercover patio, garage parking for two cars and plenty of yard space.<br/> <br/>Located in an ideal lifestyle location, your development site (or home) is located close to a variety of popular landmarks. Just 5 minutes' drive to Coogee Beach and Port Coogee Marina, 8 minutes to the thriving South Fremantle precinct bursting with bars, cafes and boutique shops, and gorgeous local parks within walking distance. There's something for everyone!<br/> <br/>This is a rare opportunity to purchase a property with such diverse future potential, be sure to get in quick. <br/><br/>Property Features: <br/>- Development approved site <br/>- Options to stage development <br/>- Quality existing home <br/>- Jarrah floorboards <br/>- High ceilings <br/>- Updated kitchen <br/>- Split system A/C<br/>- Large undercover patio<br/>- Double garage <br/>- Close to Coogee Beach <br/>- Close to Port Coogee Marina<br/>- Numerous schools nearby <br/>- 8 mins to South Fremantle <br/>- Cafes, shops, restaurants nearby <br/>- Holding income from existing tenancy <br/><br/>For plans and more information, please contact James via the email option.