250 McDonald Street, Joondanna WA 6060

Two rare development sites in one

We are pleased to offer this amazing opportunity to a market on behalf of the owners. A rare opportunity exists to secure a well-located large-scale development site within one of Perth's desirable inner northern suburbs.

What this site offers is the flexibility to retain one of the tiles and do a 2 stage development or use the full site immediately to take advantage of the current short supply of homes in Perth. This short supply, especially in the inner suburbs of Perth is not going away so to be able to secure nearly 2000 sqm of land in the tree lined suburb is worth considering.

Development site summary:
• Two titles
• 250 McDonald Street -1103sqm
• 35 Wanneroo Road – 895 sqm
• Total area – 1998sqm
• Zoning – R40
• Allows multiple dwellings with a plot ratio of 0.6
• 3 street frontages with 2 usable ones of 36.5m fronting Orchid street &
41m fronting McDonald street.

The building's on both titles are brick and tile with the house at 35 Wanneroo road a classic turn of the century solid built home that is currently unoccupied.
250 McDonald Street is a large scale duplex pair which are 2 bedrooms 1 bathroom with one leased out at $250 per week

Property outgoings (combined):
Water rates - $3,176.41 (approx)
Shire Rates - $4,074.28 (approx)

Completed developments in this area very desirable with many being sold off the plan so get in early to secure this one to put in your development pipeline immediately!!