8 Ellerby Street, Glendalough WA 6016

OPPORTUNITY KNOCKS – 1,025SQM OF EXCEPTIONAL POTENTIAL!

GRAND OPENING THIS SAT 24/10 & SUN 25/10 ??1:00-1:30PM

Opportunities of this size, versatility and potential are becoming increasingly difficult to find!

Positioned on a substantial 1,025sqm corner site, this unique property presents an outstanding opportunity for astute investors, developers, extended families or buyers seeking the ultimate combination of immediate comfort and future potential.

Featuring two beautifully renovated, separately titled survey-strata homes, provides multiple possibilities to explore. Live in one and rent out the other, retain both as investment properties, explore the potential to create an additional lot, or consider a complete redevelopment of the site in the future. The choice is yours!

TWO RENOVATED HOMES – ONE OUTSTANDING OPPORTUNITY!
8A – Stylish 2 Bedroom Home | 435sqm Survey-Strata Lot
Beautifully renovated and ready to enjoy, this charming street-front residence offers modern, low-maintenance living with a stylish kitchen, renovated bathroom, comfortable living spaces, lock-up garage and generous outdoor areas.

8B – Spacious 3/4 Bedroom Home | 590sqm Survey-Strata Lot
A superbly renovated family home featuring generous open-plan living, a stunning chef's kitchen, versatile fourth bedroom or home office, spacious alfresco entertaining and an expansive backyard. Valuable side vehicle access provides ample room for boats, caravans, trailers and additional vehicles.
Together, these two homes offer exceptional flexibility, with the added advantage of substantial landholding and exciting future possibilities.

EXPLORE THE POSSIBILITIES!
OPTION 1 – RETAIN BOTH HOMES & CREATE AN ADDITIONAL LOT
An exciting opportunity to retain the existing renovated residences while exploring the creation of a third, approximately 260sqm lot at the rear, with access from Heard Way.
The proposed configuration includes:
• Proposed 311sqm lot
• Proposed 454sqm lot
• New 260sqm rear lot
A Western Australian Planning Commission (WAPC) subdivision application has been prepared and is ready for lodgement.
Proposed subdivision is subject to relevant planning and WAPC approvals.

OPTION 2 – EXPLORE A FOUR-LOT REDEVELOPMENT
For those with a longer-term vision, the substantial corner site also presents the possibility of a complete redevelopment into four street-front lots.
Indicative proposed lot sizes:
• Lot 1 – 228sqm
• Lot 2 – 273sqm
• Lot 3 – 260sqm
• Lot 4 – 263sqm
This concept would involve demolition of the existing residences and is subject to WAPC approval, including a variation to average lot-size requirements associated with the corner site.

OPTION 3 – RETAIN & MAXIMISE RENTAL POTENTIAL
Enjoy the immediate benefit of two fully renovated homes with the potential to investigate additional ancillary accommodation at the rear of each residence, subject to the necessary approvals.
An appealing prospect for investors looking to explore additional rental income opportunities while retaining the existing properties.

OPTION 4 – THE PERFECT MULTIGENERATIONAL LIVING SOLUTION
Why not keep the whole family close while maintaining everyone's independence?

With two separate, beautifully renovated homes, this property offers an outstanding opportunity for extended or multigenerational families.
Ideal for accommodating parents, adult children or extended family members, with the convenience of living side by side while enjoying individual living spaces and privacy.

Alternatively, simply enjoy the generous outdoor space, additional parking and flexibility that this substantial landholding provides.

LOCATION, LIFESTYLE & CONVENIENCE!
Perfectly positioned in an ultra-convenient location, this outstanding property places an abundance of lifestyle attractions within easy reach.
Enjoy leisurely walks around picturesque Lake Monger and Herdsman Lake, with their beautiful parklands and walking trails just moments away.
Shopping centres, public transport and everyday amenities are all close by, while Glendalough Train Station, Powis Street and freeway access make commuting to the city and surrounding suburbs a breeze.
Families will also appreciate the proximity to a fantastic selection of schools, including Churchlands Senior High School, Hale School, Woodlands Primary School, Lake Monger Primary School and Bold Park Community School.

A RARE LANDHOLDING WITH OPTIONS GALORE!
Enjoy the benefits today while exploring the possibilities of tomorrow!

Offers closing Wednesday 4th November (unless sold prior)

For further information or to discuss the property's exciting potential, contact:
Rob Druitt
0417 922 194