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FANTASTIC R160 DEVELOPMENT SITE!
OPEN BY APPOINTMENT - Please contact Peter Robertson to arrange your private inspection today.
Welcome to 46 Kinninmont Ave, Nedlands. This first class R160 Development site has a huge 25.5m frontage and is a big, perfect, almost level rectangle 39.6m deep, with a total area of 1012sqm, in a strategically outstanding location and Nedlands grows and develops into the current town planning structure. A prime development site with R-AC1 to the south, and R160 behind it.
The northern neighbour is a premium character home, also on an R160 block. This means you can develop 46 Kinninmont to the full extent of the zoning as it is not a transition lot to a lower density zoning, and it will be on the sunny side of the higher rise development that will occur directly south on Stirling Highway. The R160 zoning has a plot ration of 2, which means a total of 2024sqm built area and the ability to go up to 5 storeys.
There is a sound 1950's vintage character home on the site right now that has been lease for $750 per week and would be easy to let whilst going through the design and planning approval process. The current tenants vacate on the 28th of April 2023. The property is being sold "as is-where is".
The location is ideal, being approx. 75m from the highway with all its advantages - Bus routes into the city or the beach, a short walk of approx. 250m to the Capitan Stirling future shopping hub site. A plethora of shopping, dining and café options as the precinct grows and develops over time. Desirable in every way.
Call today to secure this strategically superior site.
Water Rates: $1445.45
Council Rates: $2438.43
Property features
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Air conditioned
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Garages
2
Property snapshot by reiwa.com
This property at 46 Kinninmont Avenue, Nedlands is a five bedroom, two bathroom house sold by Peter Robertson at William Porteous Properties International on 25 Jun 2023.
Looking to buy a similar property in the area? View other five bedroom properties for sale in Nedlands or see other recently sold properties in Nedlands.
Cost breakdown
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Council rates: $2,438 / year
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Water rates: $1,445 / year
Nearby schools
Nedlands overview
Nedlands is an inner-western suburb of Perth. It has a diverse mixture of housing with low-cost dwellings provided for students of the neighbouring University of Western Australia and wealthy homes in the southern sector of the suburb. There is also a significant commercial sector along both sides of Stirling Highway.
Life in Nedlands
Home to some of the finest medical facilities in the state, such as one of Perth's major public hospitals Sir Charles Gairdner Hospital, Nedlands has plenty to offer its residents. Recreation facilities are in abundance with tennis courts, sports clubs, parks, ovals, a yacht club and a golf club all available. Other major features of the suburb include the Lions Eye Institute and Hollywood Private Hospital.
Nedlands quick stats
High end
$2.7m
Median
$2.3m
Low end
$1.8m
17.4 %
Annual growth
$2.3m
Annual median sales price
$1,050pw
Annual median rental price
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