76 & 76A Bungaree Road, Wilson WA 6107

Proudly presented by Edward Lim

Let's talk about the Potential...
* Land banking, rent out to earn income with potential total rental return of around $900/week
* Renovate for own stay (Take your pick, stay the front one and rent out the rear or vice versa)
* Demolish and build your dream family home
* Subdivide and sell the blocks (STCA)
* Demolish and build up to 5 new homes (STCA)
* The possibilities are endless and the choice is yours!

**The vendor's instruction is clear. This MUST BE SOLD! For sale by Openn Offers (flexible conditions). The Openn Offers is underway and the property can SELL AT ANY TIME. Contact the sales agent, Edward Lim immediately for a price guide, to become qualified and avoid disappointment. Open to all buyers, including finance, subject to seller approval. Offers close 16th March 2022 @6pm (unless sold prior).

Did you say 1393m2 of prime real estate land? Yes, you are reading it right! Not only that, this property comes with a duplex pair (front and rear), zoned R40, rectangular in shape and smack back in the heart of Wilson! Seriously, this is the real deal and properties like this are tightly held, rarely offered. We literally wait for it to come on the market. Meet 76 & 76A Bungaree Road...

The front house (76 Bungaree Road) is an original 3 bedroom 1 bathroom with a sleep-out home circa 1956 sitting on a 775m2 block with a rear patio and a large powered workshop/shed with side access. There is also a formal lounge area positioned at the front of the property which can be used as a 4th bedroom. Featuring 4 x split system air conditioners generously located throughout the home plus ceiling fans. Plus, there is ample parking space in front of the property on the paved driveway. Presently tenanted by a reliable tenant for $415/week until 25/3/2022 with current rental appraisal indicating around $500 - $520/week.

The rear house (76A Bungaree Road) on the other hand is a freestanding 2 bedroom 1 bathroom home sitting on a 456m2 block. The home has been treated to some upgrades recently and is looking fresh! Featuring ducted reverse cycle air-con throughout, built-in robes to both bedrooms with near new carpets, gas cooking to the kitchen, gas bayonet for heating, separate toilet, large rear patio, garden shed. Plus, on top of the allocated carport, there is open space for 2 extra vehicles to park. How good is that?! Presently tenanted by a reliable tenant for $290/week until 22/5/2022 with current rental appraisal indicating around $370 - $390/week.

Both properties combined plus the driveway give you a whopping 1393m2 block in size with an approximate width of 20m and approximate depth of 67m. Subject to relevant approvals, the block has the potential to build up to 5 dwellings!

The location of this property is simply 10 out of 10. Arguably positioned in a great neighborhood and one of the best pockets in Wilson. Superbly located in the leafy established street and yet only moments away from a variety of local amenities including Curtin University, Westfield Carousel, shops, public transport (with bus stops just at your doorstep). You're also right next to Wilson Primary School, within easy access to Leach Highway and nearby several local parklands. Living here is ridiculously convenient!

Outgoings 76 Bungaree Road:
* Council Rate: TBA
* Water Rate: app. $996.16 (FY 2021/2022)

Outgoings 76A Bungaree Road:
* Council Rate: TBA
* Water Rate: app. $1004.69 (FY 2021/2022)

Bring your builder, family, friends, and most trusted advisors along to view this property as such GOLDEN OPPORTUNITIES are becoming so rare these days and will be easily snapped up in the blink of an eye. You will need to RUN to secure this prime development site (subject to WAPC/Council approval).

For more information or to view this property, please contact listing agent, Edward Lim on 0408 929 655.

** We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.**