Welcome to your next land bank or lifestyle opportunity in Booragoon! This versatile property comes with council-approved options that offer exceptional possibilities for savvy buyers:
Retain and Build Option: Keep the existing spacious 4x3 home while still having room to develop.
Subdivision Potential:
(i) Approved for subdivision into two street-facing lots.
(ii) Approval for subdivision into three lots, allowing flexibility to suit your plans.
Granny Flat Addition: Incorporate a granny flat into the existing home, ideal for multi-generational living or generating additional rental income.
With a total built area of 318sqm. This charming and impeccably maintained family home features a well-thought-out design, including a welcoming front foyer, main living and dining area, cozy sunken lounge, and four spacious bedrooms, with the large master suite offering its own ensuite. The modern kitchen overlooks the sunken lounge and flows effortlessly to the backyard, creating the perfect space for easy and enjoyable entertaining.
Located near the highly anticipated transformation of Garden City into one of WA's largest shopping destinations within the next two years, this property is ideally positioned for future growth. Additionally, a proposed R50 zoning change could significantly enhance its value.
This is the ultimate opportunity for astute buyers looking to capitalize on both present and future potential.
This property at 174 Riseley Street, Booragoon is a four bedroom, three bathroom house sold by Christy Sajan and Vicktor Sutrisno at Stratton Realty on 20 Jan 2025.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Booragoon or see other recently sold properties in Booragoon.
Booragoon is an established suburb with commercial areas located centrally within the City of Melville. Booragoon's development occurred between the 1960s and the early 1980s with a slight population decrease between 1991 and 2006, followed by another increase between 2006 and 2011.
Characterised by its mix of parks, reserves, property and commercial sectors, Booragoon is a suburb with plenty of diversity on offer. Garden City Shopping Centre is the most notable commercial feature and one of the largest shopping centres within the Perth metropolitan area. In addition to the main shopping establishment, Garden City houses a cinema, public library, Melville City Council office and a major regional bus station. Other features in Booragoon are Melville Aquatic Fitness Centre, Booragoon Lake Reserve and local school, Booragoon Primary School.
Your approximate repayments would be