3 Bridgewater Drive, Kallaroo WA 6025

Under Offer By Pete. Fantastic Located R20/R40 Property

With land around this area going for a premium, now is maybe the time to secure this amazing opportunity at 3 Bridgewater Drive Kallaroo. The sellers have Development Approval for two substantial 4 x 2 Double Storey Townhouses with all the plans ready to go on a survey-strata plan, with lots of 302.6 sqm and 293 sqm respectively. (Subject to usual local council conditions, approvals expire 4/12/2024).

Demand for decent sized properties with a back garden and low maintenance blocks are highly sought after by many different types of buyers. These properties have the master bedrooms downstairs so will also attract downsizers looking to stay close to all the amenities this area offers.

With all the hard work done to get approvals this project could just be the perfect timing as the population growth is expected to significantly increase and new builds are in high demand.

With similar properties currently selling for well over the $1m mark each, do your research and crunch the numbers as Kallaroo is such a fantastic location.

You could however keep the property as an investment or further down the track, demolish the existing dwelling and sub-divide later, the choice is yours.

The existing property comes with a solid 3 x 1 cottage with new carpets, modern painted interior and a great tenant with a lease until September 2023. So you’ve got income coming in straight away while you plan this project. This could just be what you are looking for.

Walking distance to Springfield Primary school, local transport and shops this great location speaks for itself.

Located close to all amenities including Whitfords Shopping Centre, Cinema, Medical Centre, Springfield Primary School, St Marks Anglican School and of course the beach, Mullaloo surf life saving and Hillarys Marina are just a short drive away.

Existing Property Features:

3 Bedrooms master with walk in robe
1 Bathroom
Lounge
Dining
Kitchen and meals
Laundry
Gas Hot water

R20/R40 Zoning
Block size 683 sqm.

Development Approval Two 4 x 2 Townhouses: (Engineer Drawings and Plans Available to the Buyer)

The approval relates to the grouped Dwelling, (Two New Double Storey Dwellings only and development shall be in accordance with the approved plans, it does not relate to any other development on the lot)

Lot 1: Street frontage with own driveway. 4 x 2 double storey, double garage, master bedroom downstairs. Survey-Strata, block size 302.6 sqm

Living 221.48 sqm
Garage 33.41 sqm
Store 5.28 sqm
Porch 8.29sqm
Alfresco 15.36 sqm

Total 282.99 sqm

Lot 2: Rear, 4 x 2 double storey, double garage, master bedroom downstairs. Survey-Strata, block size 293 sqm.

Living 209.00 sqm
Garage 34.72 sqm
Store 4.05 sqm
Porch 4.16 sqm
Alfresco 15.75 sqm

Total 267.68 sqm

Driveway 87.4 sqm (Approx)

Disclaimer:

The information provided is for general information purposes only and is based on information provided by the seller and maybe subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Please ring Pete Costigan on 0408 956 652 or email [email protected] for further details on this exciting project.