This rare ‘R60’ site comprises 489sqm and has a wide 25 metre north facing frontage. This is an ideal property for first home buyers wanting to get their foot into sought after Applecross and developers alike with potential subdivision into easy care lots.
Based on its current ‘R60’ zoning, and subject to council approval, this site could provide approximately 3 lots offering an average lot size of 163sqm, or fewer lots of a larger size. There is also likely an additional height bonus of up to 15m to the eaves and 17.5m overall height, subject to approvals. Within this riverside suburb, there is very strong demand for easy care, lock and leave blocks.
This convenient location is just a short 10-minute stroll to the popular Applecross Village café strip, riverfront foreshore, Applecross Primary School and minutes to public transport. Furthermore, Macrae Road is now a very quiet street since it recently became a cul-de-sac at Gairloch Reserve.
The existing residence is a single level property that was built in 1981 and comprises three bedrooms, two bathrooms and a generous living area. There is also a double lock up garage and bore reticulation. The property is well maintained for its age and ready to move straight into or alternatively could provide some rental income while plans for the site are being developed.
This is a very rare opportunity that we expect will be highly sought after by astute buyers, investors and developers.
This property at 11A Macrae Road, Applecross is a three bedroom, two bathroom house sold by Ashlee Ennis and Renee Banovich at BANOVICH HILLMAN on 29 Jul 2019.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Applecross or see other recently sold properties in Applecross.
Applecross is an affluent riverside suburb of Perth bound by the Canning Highway and Swan River. Part of the City of Melville's municipality, Applecross is a predominantly residential area with commercial activity along Canning Highway.
Home to numerous parks and reserves, Applecross is in the enviable position of being close to urban environments while still retaining its suburban charm. Some major features are the South of Perth Yacht Club, the Raffles Hotel, Restaurant and Lounge Bar and the Canning Highway commercial area, which provides residents with numerous restaurants and amenities to explore and enjoy. Also of note are Waylen Bay, Canning Bridge, the Challenger Institute of Technology and the Heathcote Cultural Precinct.