This property presents an exceptional opportunity for prospective buyers. The 682 sqm block is zoned R60/100, which allows for the retention of the existing 1960s bungalow home while also permitting the construction of two additional homes at the back with a minor modification to the driveway access. This presents a significant cost-saving opportunity, particularly given current building costs. Additionally, the property can be rented out while the back is being developed. With an R60, you need an average of 150sqm per lot and 120 as a minimum and there is approximately 320sqm at the back. Buyers need to do their own due diligence but the opportunity
The character home boasts a 3 bed 1 bathroom layout that can be easily converted into a 3 by 2. The home features beautiful Jarrah flooring, a 38-course ceiling height, split system air conditioning, paint throughout in very good condition, a patio, paving to most of the backyard, an electric garage, and side access to the back. Overall, this property offers an attractive investment opportunity with significant potential for future development.
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 inquiries.
This property at 455 Charles Street, North Perth is a four bedroom, one bathroom house sold by Alex Dabag at Harcourts Initiative on 07 Jul 2023.
Looking to buy a similar property in the area? View other four bedroom properties for sale in North Perth or see other recently sold properties in North Perth.
Close to three kilometres from Perth sits North Perth. The inner-city suburb offers a genuine suburban environment with plenty to do, see and eat. The main streets of North Perth are impressive in their diversity, with restaurants, retail facilities and entertainment venues all within the suburb. The properties in North Perth are characterised by a charm of decades past, with many having undergone renovations over the years.
Equipped with a multitude of delicious restaurant experiences, North Perth has a dining choice to suit any budget. The Rosemount Hotel is a notable icon of the suburb and a must-see for fans of live music with both home-grown talent and popular acts regularly featuring. Other features of note include the North Perth Town Hall, Beatty Park Leisure Centre, Woodville Reserve and Hyde Park.