11 Phillips Place, Karrinyup WA 6018

UNDER OFFER

If you are looking for location and value you have found it here. In what must be one of the best pockets of Karrinyup, this is where serenity and connectivity go hand in hand. Fronting a quiet cul-de-sac but literally around the corner from schools, Karrinyup shopping centre, parks, transport and every amenity this 2 bed duplex villa is a compelling value proposition.

The older home has good bones and solid brick and tile construction that lends itself well to immediate rental, low maintenance living or a great renovation project.

The real jewel in the crown for the astute purchaser, however, is the strategic land component.

Strata Plan 4290 is approx. 969sqm of land zoned R30 (Triplex Potential) and comprises only 2 lots - 11 Phillips Place Karrinyup and your duplex neighbour, 46 Jackson Ave Karrinyup, that is also being marketed for concurrent sale (so you can buy either individually or both together). The significant land component underpins your value while the house itself provides income potential or a low maintenance home.

While this property is currently defined by the original strata act, the Seller will entertain a conversion to survey strata should the incoming buyer prefer this option.

This is what people mean when people talk about a property being a “smart buy”.