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AUCTION CANCELLED
Built over 60 years ago by the current owners this neat residence positioned on a HUGE 933m2 land parcel has been filled with incredible memories, hosting some spectacular backyard cricket games, fierce football matches, birthday parties and many Xmas, Easter and family celebrations.
As much as they would like to continue these traditions it is now time for another chapter to open and their much-loved home to be re-invented by the next owners.
With the future in mind the City of Stirling recently re-classified many of the streets surrounding Dianella Plaza to allow for further infrastructure to be created and satisfy community needs.
This property now falls within the “Dianella Centre Special Control Area and zoned Residential R-AC3” opening a wide range of mixed-use development opportunities including commercial and multi-level residential dwellings (subject to approvals by relative authorities)
What are your options with this extremely rare opportunity?
1) A growing family wishing to position themselves on the fringe of the inner city can easily renovate this solid 4 bedroom, 1 bathroom home and enjoy being minutes to schools, café’s, shops, transport and parklands
2) Astute investors could easily rent this neat residence and hold as land parcels this size only become harder to secure in the future
3) Business owners looking to purpose build and create a position in this super high-profile location can make the most of the new zoning regulations
4) Developers seeking their next project to have such a wide scope to be creative in use and design all adding to the ability to maximise returns
How can you secure this opportunity?
The property is set to be Auctioned onsite, Saturday 2nd October 2021 @ 10.30am
(Unless sold prior)
Deposit - $25,000
Settlement – 30 or 45 days
Property is being sold in an “as-is” condition.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be 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.
Property features
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Garages
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Property snapshot by reiwa.com
This property at 342 Grand Promenade, Dianella is a four bedroom, one bathroom house sold by Paul Tonich and Corey Adamson at The Agency on 30 Sep 2021.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Dianella or see other recently sold properties in Dianella.
Nearby schools
Dianella overview
Dianella is a large established suburb that experienced its most significant development during the 'boom' years of the 1960s. Characterised by a variant range of home styles, Dianella has everything from modest post-war dwellings to expansive, contemporary double-storey homes dominating its landscape.
Life in Dianella
The Dianella Regional Open Space is a significant fixture of the suburb. Located in the heart of Dianella, the space is a landmark of the community providing locals with numerous recreational opportunities and includes a community centre, tennis courts and a soccer field. The suburbs main shopping centre is the Dianella Plaza, however there are a number of other small shops throughout that cater to basic retail requirements. Also in Dianella are several schools, a public library and a senior citizens centre.
Dianella quick stats
High end
$1.5m
Median
$1.2m
Low end
$940k
25.0 %
Annual growth
$1.2m
Annual median sales price
$787pw
Annual median rental price
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