DEVELOP NOW OR LATER
DEVELOP NOW OR LATER
This corner block has subdivision planning permission in place for two Green Title blocks, each with its own street frontage. Or keep the brick and tile house as rental income or to nest while you consider your options. One option is to add a granny flat on the existing block to increase your rental income.
Close to bus transport (city only 8km), walk to Curtin University, walk to Centenary Park and the river.
This 3-bedroom, one bathroom plus sleepout house is currently let at $325pw, lease expiring soon. Some redecorating and maintenance work will dramatically increase the rental income in this sought-after rental area.
If you're looking to redevelop, you can keep the rental income coming while you progress your building plans. Bank rates are low and land stocks are tight. Here you have two Green Title blocks with WAPC approval to go (valid to October 2015). Proposed Lot 2 is 283sqm with a 13.12m frontage to Teaguer Street. Proposed Lot 1 is 293sqm with an 11.53m frontage to Parkhill Way.
At 284K for each block, there's no better value in Wilson. The house comes free!
Lot/Plan No: P403958 891
Lot/Plan No: P403958 891