R160 DEVELOPMENT SITE with Attractive Character House
A Level, 809sqm block, located in a quiet street of tall trees, south of Stirling Highway, yet within close proximity of public transport (100m), UWA (700m), QE2 Medical Centre, Hollywood Hospital, King’s Park and Matilda Bay.
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The 809sqm lot is zoned Residential R160 under the provisions of the City of Nedlands Local Planning Scheme No. 3. It can potentially be redeveloped with anything from 2 lots of 404sqm, with 10m frontages, up to a 5 storey apartment building, with a plot ratio of 2, subject to approval from the relevant authorities.
The adjoining property, at 3 Archdeacon Street, is also on the market, so if you have an appetite for a larger development, why not consider buying them both?
If you are searching for a period home to renovate, this elevated, attractive character home, has the features you desire, including extensive leadlight windows, unique decorative ceilings, and wide jarrah floorboards.
If it's an investment property that will offer exceptional capital growth you are after, what could be better than a land value development site, with so many options, in such a prime location?
I think you will agree that this is a very reasonable price, so whether you are looking for a house on a big block with great trees, a secure investment property, or a well located development site, don’t let this slip through your fingers – come along to our home open this Saturday!
- Type : House
- Land Size : 809 sqm