Coded R60 this 638sqm property is approx. 39.23m x 16.26m
Situated North of the highway in a quiet street, conveniently located this 638sqm parcel of land with rentable 3x1 home (with additional bedroom upstairs of detached garage) is a brilliant opportunity. Several options to develop are:
• 3 Townhouses*
• Two green title homes - this house sits on 2 lots and has 2 titles (1 set of rates), possibly your family investment /retirement plan with no need to go through a subdivision process. It's already done for you!
• Boutique luxury apartment complex*
The choice is yours, but either way the blue chip location with such an easy stroll to the Swan river will ensure that what you build will be keenly sought after offering an attractive lifestyle of daily walks and bike rides along the river.
Close to Perth Children's Hospital, Sir Charles Gardiner, Hollywood Hospital, UWA and Kings Park it doesn't get much better than this for location. High frequency transport on Stirling Highway makes for a quick trip into the CBD as well as easy access to Perth's best public and private schools. Take advantage of the numerous cycle paths around river.
Both convenience and lifestyle will ensure the desirability of your finished product.
Currently rented on a periodical lease for $575 per week, keep the tenant's while you organise your building plans and get approvals. Call Danielle for more information.
*Subject to buyers own due diligence and WAPC approvals.
This property at 57 Leura Street, Nedlands is a four bedroom, one bathroom house sold by Danielle Diffen at Edison McGrath on 03 Jul 2021.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Nedlands or see other recently sold properties in Nedlands.
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.
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.