248 Cape Street, Tuart Hill WA 6060

This is an investment opportunity not to be missed with loads of potential for the right buyer.
R40 zoning on 911m2 with options galore! This neat and tidy 4 Bedroom, 1 Bathroom home is situated in a prime location. Whether you're looking to retain the current home and build at the rear or demolish and develop this property ticks all the boxes!

While you go through the development and planning process you can continue to rent the home which is currently leased for $385 per week on a periodical lease. These extra large blocks with high zoning are getting harder to find so don't hesitate to invest in your future now.

Some potential options for this property:
1. Potentially retain the existing home and subdivide the rear block
2. Demolish the existing home and potentially build four new homes or have four blocks of land to sell
3. Demolish the home and have two potential Street Front blocks with an approximate frontage of 10 meters and approx. 455m2 each
4. Continue to rent it out and landbank your future

Situated in a great location close to a number of amenities

- Choice of schools including Tuart Hill primary school across the road and Servite College just down the road
- Short drive to Grenville Reserve
- With local shops not far away
- Walking distance to Bus Routes
- Easy access to Wanneroo Rd and Mitchell Freeway
- Perth CBD on a short 10 minute drive away

Call Paul Ross on 0428571050 for more information