45 Koondoola Avenue, Koondoola WA 6064

Outstanding Development Potential on 707sqm

Whether you're an investor, developer or family buyer, this well-presented home offers immediate comfort with exceptional future potential. Positioned on a generous 707sqm block with sought-after R20/R60 zoning, this is an opportunity that's ready to unlock.

Adding even greater value, the property has already been surveyed for a proposed 3-lot subdivision, allowing the existing home to be retained while creating two additional lots (subject to relevant approvals). Much of the groundwork has already been done, making this an exciting proposition for developers and investors alike.

Inside, you'll find a welcoming formal lounge, kitchen overlooking the dining area, three well-sized bedrooms, and a bathroom and laundry. A versatile storeroom provides the perfect space for a home gym, kids' retreat, hobby room or additional storage.

Currently leased until 22 October at $700 per week, the property also offers an immediate rental income while you plan for the future.

Conveniently located close to schools, shopping centres, public transport, medical facilities and parklands, you'll also enjoy easy access to the Perth CBD, Perth Airport, the Swan Valley and some of Perth's best beaches.

Property Features:
3 spacious bedrooms
1 bathroom with separate WC
Formal lounge
Renovated kitchen and dining area
Versatile storeroom/gym/kids' retreat
Generous 707sqm block
R20/R60 zoning
Already surveyed for a proposed 3-lot subdivision
Potential to retain the existing home and create two additional lots (subject to relevant approvals)
Double garage with ample additional off-street parking
Currently leased until 22 October at $700 per week

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.