57 Railway Parade, Mount Lawley WA 6050

ENDLESS OPPORTUNITY

This grand character residence, nestled on 688sqm of land, presents a rare and exciting opportunity for the astute buyer.

With a sealed rear right of way, and a WAPC approved subdivision already in place, it presents a variety of interesting development options and commercial or residential uses for the current dwelling.

Situated in Mount Lawley's most sought-after neighbourhood, it is moments from Mount Lawley train station, cycle paths and 2km from the city.

Summary:

- Leased until May at 2025 ($39,783.72 per calendar with a 3% fixed increase as at 1st June each year)
- Zoned Business (City of Stirling) offering a variety of different potential usages including (but not limited to) medical, childcare, offices, multiple dwelling and residential
- WAPC Approved subdivision
- 150sqm approx. internal
- Off-street parking for two cars and an option for more at the rear
- Ample public parking available on the street
- Sealed rear right of way - Challen Lane
- 5 formal rooms, 1 bathroom and kitchen/dining
- Jarrah floorboards, formal entrance hall and waiting area, soaring high ceilings and sash windows
- Moments from Mount Lawley train station, cycle paths, Beaufort Street, Forrest Park and the Swan River
- 2km from the City