142 Ravenswood Drive, Nollamara WA 6061

Sold price: $720,000

Sold

Sold: 16 Oct 2024

3 Bedrooms

1 Bathroom

1 Car

Landsize 728m²

House

Contact the agent

Steven Bethell

0468719374

Adam Whitford

0406616608

Xceed Real Estate

Development Potential with Rental Income – 728sqm Block Zoned R40

Welcome to 142 Ravenswood Drive, Nollamara – a fantastic opportunity for investors, developers, or families looking to capitalize on a spacious block with subdivision potential. This 3-bedroom, 1-bathroom home sits on a 728sqm block and features a large workshop at the rear, perfect for hobbies or extra storage.

Zoned R40, the property offers incredible development flexibility, including the potential for a 3-lot subdivision. For those looking to de-risk, you could subdivide the rear block and retain the front home, creating multiple avenues for future profit.

Currently tenanted, this property is easily rentable and could seamlessly fit into your investment portfolio with tenants willing to stay longer on the right terms.

With options aplenty, this property won't stay on the market long! Book your private inspection with Steven Bethell and Adam Whitford today.

Property features

Garages 1

Cost breakdown

Council rates: $1,595 / year
Water rates: $1,021 / year

Nearby schools

St Gerard's Primary School	Primary	Non-government	0.2km
Westminster Primary School	Primary	Government	0.8km
Westminster Education Support Centre	Primary	Specialist	0.8km
Dianella Secondary College	Secondary	Government	1.1km
Dianella Secondary College Education Support Centre	Secondary	Specialist	1.1km
Balga Primary School	Primary	Government	1.2km
Dianella Primary College	Primary	Government	1.2km
John Septimus Roe Anglican Community School	Combined	Non-government	1.6km
West Coast Steiner School	Primary	Non-government	1.6km
Majella Catholic Primary School	Primary	Non-government	1.6km