Act now to secure this premium investment opportunity! Superbly located, incredibly priced and with just over 700 square metres of land that is zoned R20/40, this offers exceptional options for an avid investor or first home owner looking to pick up a versatile home to start their property portfolio.
Option 1: You can retain the existing 3x1 and create a new lot at the rear. The existing 3 bedroom 1 bathroom home will make a great base while you get your dream home built at the back.
Option 2: with a few modifications to the existing house, it may even be possible to create a new, street frontage side-by-side lot - giving both properties independent street frontage
Option 3: You could demolish here and create 3 new properties!
Option 4: For the extra enthusiastic - the higher density zoning of R40 also allows provides allowance for a two-storey set of apartments too!
(all options subject to council approval of course)
Alternatively, you may want to just add this home to your rental portfolio and keep the scope for future development in your back pocket. A land bank for a rainy day! If none of this interests you yet, don't worry! With a little bit of TLC this home would make a great first purchase option or a downsizers delight looking to owner occupy.
The home has two main living areas including an enclosed patio, and a central kitchen. There is an updated bathroom three comfortable bedrooms and a GIGANTIC back yard for the fur babies and/or the human babies. Located just down the street from the central shopping hub of the suburb, near bus-routes and schools this property is a no-brainer!
In all respects a fantastic opportunity. Contact the Mitchell Brothers today for further info
Nick Mitchell - 0415 833 131
Alex Mitchell - 0404 122 943
Water rates: $1060p/a (approx.)
Council rates: $1714p/a (approx.)
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
This property at 72 Strelitzia Avenue, Forrestfield is a three bedroom, one bathroom house sold by Nick Mitchell and Alex Mitchell at Porter Matthews Metro on 22 Nov 2022.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Forrestfield or see other recently sold properties in Forrestfield.
Forrestfield is a suburb of the City of kalamunda and is 15 kilometres of the south-east of Perth. Local folklore suggests that the name comes from Charles Hale who settled here in 1902 and planted a crop amongst the trees. A neighbour referred to him wanting a forest and a field at the same time and the name was later applied to the area. A Forrest Field Progress Association was formed as early as 1927 and the name is shown on plans as Forrestfield for 1944.
Forrestfield is home to the Hartfield Park Recreation Centre which includes an indoor stadium for various sports, an 18-hole golf course, equestrian centre, nature park and lake. The main shopping centre known as the 'Forrestfield Forum and Marketplace' is home to 52 stores. There are a range of other retail establishments scattered throughout the area.
There are also a range of primary and secondary schools in the area and construction is currently underway on the Forrestfield-Airport Link which is scheduled to open in 2021 and will connect Perth Airport with the city. A Forrestfield train station is included in this development.