15 Wilpon Street, Beckenham WA 6107

Land Value Investment with Good Return and Triplex Development Potential

This original 1963 built solid double brick and tile home is on 822m2 and is presently zoned R30 for duplex development. Proposed zoning changes if endorsed by WAPC later this year will increase the density to R40 allowing for a 3 unit development or triplex if the existing home were to be demolished.

This home has been partly renovated already with new a kitchen and bathroom and has many more good years value for rent return, and great prospects as a family home with the option to build behind and retain the existing home in the future or demolish and redevelop with new homes.

This really is a great buy, with the highest prospects for capital growth being land value plus a good solid return!

Register your interest now to view by private inspection!

Please understand, for inspections I must provide reasonable notice to the tenants, usually 24 hours minimum

Features include:
• High ceilings and timber floor boards
• Modern New kitchen
• Original Garage has been enclosed to another 2nd living area off the lounge (This would need to be removed to provide access to build at the rear.)
• 3 large bedrooms
• Covered rear verandah outdoor area
• Quiet street only 800m from the train station.
• Presently leased at $390pw to 28th Feb 2024
• Rates : Water - $1,049.12 Shire - $1,560.00 pa
• 822m2 at R30 - proposed to increase to R40