16 Cobham Avenue, Nollamara WA 6061

Development Opportunity PLUS On Yokine Boarder

Situated on a corner block on the border of Nollamara and Yokine, this 966sqm site has 'Incredible Opportunity' written all over it!
The perfect investment with two clean rentable homes being offered allowing a solid rental income, or maximise your returns by taking advantage of this generous-sized R40 Zoned site with the redevelopment potential to subdivide into four (4) building lots.

The site, comprising Lot 1 and 2 on separate titles, consists of a three-bedroom home facing Cobham Avenue, and two-bedroom home facing Oakney Avenue. Unlock the potential and renovate these two older-style homes, or utilise this wonderful prospect to develop something truly special on the cusp of two suburbs only 15 minutes from the CBD?
This two lot strata is being offered as a "package" and both homes are being sold in "as is" condition, to provide an incredible opportunity for any investor who is looking to acquire land in a high-growth area.

This is a fabulous area for both professionals and families alike, with an abundance of government and private schools and green space/reserves and parks within easy reach, and superbly located with proximity to shopping precincts, Golf Clubs, and the city less than 10km away. Striking distance to the cafés and restaurants on nearby Flinders Street, plus easy access to public transport and arterial roads, this location provides residents with a convenient, well-serviced location to call home.

Secure this desirable parcel of land and realise the potential it affords. It's not often a huge corner block of land in a prime location presents itself and with the appeal to redevelop, this can only be described as an opportunity not to be missed!

* Price Guide: $750,000 - $850,000

Features include:

- 966sqm corner 2 lot strata titled site

- Being sold in "as is" condition

- R40 Zoning offering outstanding redevelopment potential

- Three-bedroom, one bathroom home fronting onto Cobham Avenue

- Two-bedroom, one bathroom home fronting onto Oakney Avenue

- Located on the border of Yokine and Nollamara, well-located to local amenities

- Quiet, leafy location with meticulously maintained reticulated lawns & gardens



Location (approx. distances):

Dianella Secondary College 1.3km

West Coast Steiner School 1.6km

The West Australian Golf Club 1.7km

Semas Academy 2.4km

Dianella Primary School 2.9km

Yokine Primary School 3.1km

Dog Swam Shopping Centre 3.2km

Yokine Regional Open Space 4.1km

Stirling Station 5.5km

Mount Lawley Golf Club 5.7km