Insite Property is excited to present 14 Merian Close Bentley a prime opportunity for land bankers, developers, and investors. This property, located in a desirable and convenient area, is a fantastic opportunity for those looking to invest in a property with excellent potential for subdivision and rental income.<br/><br/>The property features a strong functional 4-bedroom, 1-bathroom home on a spacious 968 square meter lot zoned R30, with the potential for development/subdivision into 3 units (pending Local Authority and/or WAPC approval). The lot boasts a rectangular shape with a 23.9m frontage and 40 sides.<br/><br/>Property Features<br/>Built in 1987<br/>Single lock up garage at the front.<br/>968m2 green title block<br/>Brick & tile construction.<br/>Large family and dining area.<br/>Separate lounge<br/>Kitchen with gas hotplate and oven with ample cupboard space.<br/>Large master bedroom with BIR, Air conditioning with access to the bathroom and toilet.<br/>Bathroom is large with bath.<br/>Bedrooms 3 and 4 are located at the rear of the property and are medium to large with BIR.<br/>Bedroom 1 which is the closest to master bedroom is the smallest of the rooms.<br/>Water bore for the garden.<br/>Large brick constructed workshop at the back – 85m2 approx. in size.<br/>Patio area<br/>Massive yard at the back<br/>Rental Potential $650 PW<br/><br/>Co – Living Investment Option.<br/>For the astute investor who spots properties ripe for co-living rental models and poised for significant capital growth due to zoning potential, this property presents a unique opportunity. By leveraging a rental-by-room strategy and transforming the workshop into a compact apartment or granny flat, the potential rental income can soar to three times the standard rates in the area.<br/><br/>Property Outgoings:<br/>Council Rates: $TBA<br/>Water Rates: $TBA<br/><br/>This property is being sold “AS IS” Basis.<br/><br/>For those who appreciate convenient shopping, you'll enjoy residing near Bentley Plaza and Westfield Carousel, just a stone's throw from the Perth CBD, only 10 kilometres away. With Curtin University and Canning College in proximity. Food enthusiasts will relish being moments away from the vibrant Victoria Park café strip. Transportation is a breeze with Welshpool Train Station nearby and convenient access to Albany and Leach Highways. Plus, the airport is less than 10 kilometres away, offering easy living away from the city's hustle and bustle.<br/><br/>Call Andrew Patterson on 0401 076 690 for more information.<br/>
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