REAP REWARDS ON RENNINGTON - GOLDEN OPPORTUNITY !

Looking for a development site in a prime location ? Tick, Yes
or
Want long term rental income with the bonus of development potential ? Another Yes
or
Somewhere to live where yesteryear meets brand new ? A Third Yes

THE HOME
-Brand New Kitchen
-Brand New Bathroom
-Polished Floorboards
-Built Circa 1964

This home includes 4 burner Euromaid gas cooking, Artisu built in dishwasher, luxurious separate bath, and ducted cooling in the living and all bedrooms.

THE LAND – DEVELOPMENT POTENTIAL
Note – the below information (including zoning, density code, measurements, and subdivision/development potential) must not be exclusively relied upon by prospective buyers, but verified independent of the selling agent. Buyers are directed to relevant authorities including City of Stirling and WAPC, and to seek independent professional verification. e.g. land surveyor / town planner

Zoning: Residential R25 (City of Stirling Intramaps)
Land Area: 774m2 (approx)
Lot frontage: 16.92m (approx)
Green Title: Lot 57 on Plan 8092

Elevated from the street with sweeping views from the rear block
Options for subdivision at Residential R25…..

Street frontage lots – create 2 lots side by side
OR
Battle-axe – create one front lot, and one rear lot.

Check out examples of each subdivision development type in neighbouring properties.

Can the buyer retain the existing home and subdivide to create a rear battle-axe block? The answer to that requires the buyer to conduct their own due diligence including with the City of Stirling and WAPC.

The seller welcomes prospective buyers / buyers independent experts, access to the property to conduct due diligence.

THE LOCATION
Dianella is a highly sought after suburb. Rennington Street has easy access to the Perth CBD, Airports, proximity to expansive parklands (Dianella Open Space) employment hubs (Malaga), plus the Swan Valley and Stirling Leisure Aquatic Centre for your pleasures.

REAP REWARDS ON RENNINGTON – GOLDEN OPPORTUNITY !
Enjoy living with a brand new kitchen and brand new bathroom
Or
Rental income while you apply for subdivision approvals
Or
Hold as a long term land bank/rental income property investment

Act quick, priced to attract plenty of attention. Contact Tim Priest.

(The Sellers reserves the right to sell the property after a home open without proceeding to the next home open. Also note email enquiries through a website, expecting a reply, must include your mobile number)

Property ID: 1360441