WAPC Approved for 2 lots Development Site close To Hyde Park

This property, located conveniently close to Perth City, presents a unique opportunity for both owner-occupiers and savvy investors due to its versatile nature. Whether you're an owner-occupier looking for a family home or an investor seeking development opportunities, this lot has something to offer. <br/><br/>Boasting approval for a two-lot subdivision by the esteemed WAPC, the groundwork for lucrative development has already been laid, makes it a highly desirable prospect for a range of buyers and stakeholders.<br/><br/>The property boasts 3 bedrooms and 2 bathrooms, is currently tenanted, offering immediate rental income with existing tenants for investors. The kitchen is equipped with a gas cooktop, offering convenience and efficient cooking. There are 3 parking spaces available with manual garage doors accessible via Randell Place. Additionally, optional residential street parking is also available, providing flexibility for parking needs.<br/><br/>See below for the options for investors/developers:<br/>(a) Retain existing property with modification and rental income potential<br/>(b) Renovate and restore for housing desires.<br/>(c) Developers have the option to demolish the existing house at a later stage and proceed with the subdivision into 2 lots<br/><br/>Location Features:<br/>- Hyde Park (750m)<br/>- City West Train Station (2.2km)<br/>- Watertown Brand Outlet Center (1.8km)<br/>- Northbridge (1.3km)<br/>- Walking distance to Robertson Park Tennis Centre (400m)<br/>- Close by restaurants and amenities (less than 5 minutes drive away)<br/>- Highgate Primary School (0.83km)<br/>- Mount Lawley Senior High School (2.31km)<br/>- Perth City (2.1km)<br/><br/>The property's unique blend of development potential, rental income, and future possibilities makes it an attractive prospect for various types of buyers. Whether you're looking for a family home or a strategic investment for development, this property offers a range of possibilities to shape your future and capitalize on its potential. <br/><br/>DISCLAIMER<br/>We have in preparing this information used our best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained here in.