BEAUTIFUL HOME WITH HUGE DEVELOPMENT POTENTIAL

R80 – 10 UNIT MIXED RESIDENTIAL/COMMERCIAL DEVELOPMENT OPPORTUNITY (SUBJECT TO RELEVANT APPROVALS)

Here is a great opportunity to purchase a beautiful home that you can live in or rent out now while waiting for development approvals. You can purchase this lot by itself or both lots on either side are also available to purchase, giving you a total of 2555 sqm of land to develop.

This 3 bedroom home is situated on a 761 sqm lot (R80 zoned) in the centre of the MRA’s West of Railway precinct which means that the site can be developed to include a 3-5 storey mixed use building with retail on the ground floor and apartments on the upper levels. Under the structure plan, Cornish St is set to be focal point of the precinct with Cornish St being extended to Green Ave thus providing easy access to the train station and local shopping centres. For more information about the proposed development please read the Structure Plan by cutting and pasting this link:

http://www.mra.wa.gov.au/documents-media/documents/armadale/armadale/west-of-railway/armadale-city-centre-west-of-railway-structure-plan.pdf

The home itself is beautifully presented and has been well cared for over the years. There are new carpets to the living areas as well as a renovated bathroom and beautifully maintained gardens. Out the back there is a lovely, covered patio area which has a great view over the stunning swimming pool area and large, flat grassed area surrounded by mature gardens and fruit trees.

This type of property doesn’t become available very often so call Steve on 0403 402 071 to arrange and inspection.

Property ID: 830592