High Density Development Site..

First time offered since the 1950s, this 1619m2 development lot is one of the last of its kind in Midland's central business district. This prime piece of real estate is perfect for those looking to invest in a growing area with blocks of this size and nature becoming the toast of the town once again.<br/>Located on William Street, this property offers a rare chance to develop in a highly sought-after location. With a very modest & original two bedroom brick & tile home which includes one bathroom + 2 toilets with reverse cycle air-conditioning as well, the existing house provides potential rental income while you plan your project with the current owners being open to a reasonable due diligence period if required.<br/>You cannot fault this location for convenience with the new Midland train station and 800 car parking facility well underway with easy accessible arterial routes, Primary education & Grammar schools within easy reach as well.<br/>The Midland activity centre structure plan allows for 2-6 storeys on this site, click on the link attached & refer to pages 31-40 under Midland West end precinct to get more information or to discuss what ideas or potential plans you have in mind with the City of Swan.<br/>Please contact me direct to receive an information pack on the property or to have a chat about the status of the market at the moment.<br/><br/>https://www.wa.gov.au/system/files/2021-11/SPL-SPN0545-Swan-Midland-Activity-Centre-Plan.pdf<br/><br/>Disclaimer: <br/>This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.