UNIQUE OPPORTUNITY!!
"Team Kantor" have great pleasure in bringing this rather unique duplex pair to the market. Two 3x1 duplex halves on a green titled 1381m2 block, zoned R20/40 offering a multitude of possibilities for the astute buyer.
Built in 1980, both (3x1) duplexes comprise:-
• Large master bedroom
• Two good sized minor bedrooms
• 1 x bathroom
• Open plan kitchen and meals
• Spacious living area
• Separate laundry & WC
• Rear patio
• Single carport
• Fenced backyard
NB. 3B was renovated approximately 6 years ago.
Existing duplex pair with a negative gearing opportunity!!! I would like to see that!!
The options here are many and would suit either an owner occupier and rent out the second duplex, generational family living, investor looking for great rental return or a developer looking to maximise the R20/R40 zoning of this huge 1381 square metre block!
Why not owner occupy one unit and receive a rental return on the other of circa $600-$650pw or if you have a large family and/or have parents or teenage children, live in one and give your parents or children the privacy of their own home whilst you contemplate the possibility of redevelopment! You could even look to survey-strata title which would give you another block of land of circa 400m2 to sell! (subject to approval by WAPC).
If you are an investor, how about a rental return of circa $1200-$1,300pw on a $1.2m investment with the huge upside of survey-strata titling the property and building another dwelling on the 3rd lot which may be eligible for negative gearing under new legislation (seek advice from your accountant in this regard). Or why not rent both out, survey-strata the property and sell the 3rd block!!
Developers, look no further, here you have a 1381m2 block of land zoned R20/R40 (meets the criteria broadly for the higher R40 zoning subject to approval by the WAPC).
Additional Information: -
• City of Swan rates: $3,393pa approx
• Water Rates 3A: $948pa approx
• Water Rates 3B: $925pa approx
• Rental Estimate: $600-$650pw each
• Both currently tenanted on period basis
Other Information:-
• 350 metres approx to nearest bus stop
• 2.7kms approx to Midland Gate Shopping precinct
• 3.5kms approx to Midland Train Station
• 3.4kms approx to St John of God Hospital Midland
• Clayton View Primary School is approx 1.2kms
• St Anthony's Greenmount is 1.18kms approx
• Swan View High School 2.5kms
• La Salle College 3.5kms
This property will appeal to a wide range of buyers so don't delay, contact "Team Kantor" to register your interest today.
Tim 0410 275 600
Bec 0437 682 268
E:
[email protected]NB.
All sizes and amounts are approximations only.
Some of the photographs provided are historical and are for illustrative purposes only.
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate, however, it may be subject to change without warning at any time and this is often out of our control. Prospective buyers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner, the Sales Rep and the Agency and are expressly excluded from any contract.