16 Lovegrove Way, Morley WA 6062

CALLING ALL ASTUTE INVESTORS AND DEVELOPERS

FIXED DATE SALE - OFFER OFFERS PRESENT ON MONDAY 5th SEPTEMBER UNLESS SOLD PRIOR

Sitting on a large 791sqm parcel of land is one of Morley's best kept secrets is 16 Lovegrove Way Morley.

Zoned R40 with rear access this will tick all the boxes. This property has been owned and cared for by the same family for over 50 years.

The solid brick and tile home has timber floors throughout, 3 good sized bedrooms and well presented.

You can rent out and yield an income whilst you are deciding what you would like to do with the future development potential.

There are several options for you to consider with this property:
1.TRIPLEX potential (STCA) with R40 zoning. Demolish the home and potentially build three new homes or even potentially apartments
2. Retain the existing home and potentially build at the rear or sell the rear block of land. By removing the garage on the side
3. Demolish and build a large brand-new family home close to schools and other great amenities and live in this beautiful street
4. Demolish the home and build two beautiful large homes
5. Do nothing and rent the home while you land bank your future

Walking distance to Coventry Square, Galleria Shopping Centre and schools are close with a choice of Infant Jesus Primary, Morley Primary School, West Morley Primary . John Forrest Secondary College is close by and only a 5 minute drive to Chisholm Catholic College. 8. 8kms to the CBD, 15 minutes to the Perth Airport and only 3 minutes to the new Morley Train Station You better be quick to take advantage of this outstanding opportunity. With development sites in high demand, blink and this will be gone!

Call Paul Ross now for a price guide and inspection of this rare opportunity.