27 Barr Road, Carey Park WA 6230

Central Horse Property + Development Opportunity

Centrally located on an impressive 2439sqm* block, this home is placed within a short drive to the Park Centre shops, Kmart, university and Tafe campuses, hospital, sporting ovals / complex and the CBD.

Set up for horse lovers with the Turf Club and Trotting track ideally close-by, this property also offers future development opportunity. Currently zoned R5, a change in zoning is currently underway to a new zoning of R30/60 pending sewer connection, which is anticipated within the near future. The new zoning will enhance this property's value with subdivision potential, subject to shire approvals.

This well designed, solid brick home, with multiple usages, presents a fantastic opportunity for investors, developers, or a future nest egg. Potential to earn $900pw with rental increase in June and leasing of each of the 11 stables.

Property Features:

The Home:

4 bedrooms, 2 bathrooms home
Double garage
Front wrap around verandah
Generous open plan living with games and family room
Spacious kitchen,900mm gas cooktop, wall oven, modern cabinetry, overhead cupboards
Separate dining area / office nook
Bedrooms are generous in size, all with built in robes
Master room has an ensuite
Main bathroom is spacious with a bath and shower
Neutral tiling in the living areas
Interior paint, flooring, window treatments in good condition
Ducted cooling and portable gas heater
Massive semi enclosed gabled paved pergola / entertaining area
Natural gas connected
2 x large septics, recently emptied
Periodic lease @ $570pw, rent will change to $700pw from June 2024

Develop:

Huge 2439sqm* block with future subdivision potential
Zoned R5 potential for future subdivision, zoning change in process to R30/60 pending sewer connection, which has been approved for future installation

Horse Lovers:

11 under cover stables with open yard
Stables are in high demand, possibility to rent out for extra income $25pw each
Storeroom
Tack feed shed
Hay shed
Wash down bays
Stables allow easy access for trucks and floats to load and unload
Trainers' facilities are well constructed
Large, powered shed with concrete hardstand

Built 1980
Water rates: $252pa *
Shire rates: $2856 pa *
Block 2439sqm *
Zoned R5 (change to R30/60 in process)

Buyers Note: All measurements/dollar amounts are approximate only and generally marked with an * (Asterix) for reference. Boundaries marked on images are a guideline and are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer and should not rely on the photos or text in this advertising in making a purchasing decision