72 Strelitzia Avenue, Forrestfield WA 6058

Retain, Build and Prosper

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.