DEVELOP THIS AND BE MORTGAGE FREE
This incredible 1012m2 block offers opportunities that only land with Development potential can deliver!
There is currently a spacious 4 bedroom, 1 bathroom home on the site.
Wembley Downs is a suburb that has always been popular but during the recent challenging property cycle it has proven it is still one of Perth's sought after coastal locations. People want to live here and it is easy to see why.
The location is in close proximity to the coast and a short drive to Perth City or Innaloo and Karrinyup Shopping Precincts. It is a leisurely cycle to Herdsman Lake if you like to get back to nature.
Important for families is that this specific location is home to Hale School and in the catchment zone for highly respected Churchlands Senior High School.
WHO WILL PURCHASE?
Large or Small Builders who can see the appeal and attraction of the Wembley Downs location and understand the needs of the demographic here. These buyers will build and onsell for profit to the many people keen to move into this spot for the amazing amenity on offer.
Singles and Couples who can see the benefits of developing a duplex block with a view to living in 1 luxury home of their design and onselling the other to perhaps achieve that elusive 'Mortgage Free' feeling.
Lot 697 on Plan 6020
Certificate of Tite: Volume 1787 Folio 836
Zoned R 20 (Minimum 450m2 per site)
City of Stirling Rates: $1920 pa
Water Rates: $1225 pa
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Type : House
Land Size :