What a Bargain Investment Opportunity

58 Dickson Drive, Middle Swan, 6056

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360,000 AUDEst. Mortgage: AUD 2,530/monthFor Sale
  • Ownership Type House
  • Property Area 728 sqft
  • Bedrooms 3
  • Bathrooms 1
  • Furnished No
  • Last Updated 9th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Carport: 2

Property Overview

The Phone Code for this property is: 36535. Please quote this number when phoning or texting.

So Much Potential!!
This property offers a great place to call home situated in a nice, quiet, family oriented street with a substantial amount of space for kids and pets in the backyard and enough living space inside. This property further offers a great future investment opportunity which could allow the new owner to live in the existing front home while developing the back.

The suburb of Middle Swan is well positioned close to Midland Gate Shopping Centre, Midland Train Station and the new Midland Hospital as well as many other amenities and new projects. The location is perfectly situated within minutes away from everything that Swan Valley & Perth Hills have to offer. Make the most of the current Perth property market activity as the price of this land continues to increase.

The Investment Opportunity - Subdivision and future rental income
1) Plans submitted and approval obtained for a rear strata lot subdivision offering a 376 sqm rear block with an exclusive driveway. Additional subdivision works will have to be completed before titles are issued.
2) The owner has already spent close to $10k in initial subdivision planning costs.
2) You could build a spacious 3x2x2 with theatre or potentially a 4x2x2.
3) Keep the front home and keep renting it out into the future.

Please inquire for any additional information and questions.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Location on Google Map

58 Dickson Drive, Middle Swan, 6056

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