Development Potential, Space & Opportunity on a 771sqm Corner Block

Description

Positioned on a generous 771sqm corner block with R30 zoning and an impressive 34 metre frontage to Digby Street, this substantial property presents an exciting opportunity for families, investors and developers alike, offering comfortable living today with outstanding potential for the future.

The existing residence features five bedrooms and multiple living areas, providing an abundance of space and flexibility for growing families. A welcoming front lounge flows through to the impressive sunken main living area, where high ceilings enhance the sense of openness and create an inviting atmosphere. The practical floor plan connects seamlessly to the covered outdoor patio, making it ideal for everyday family living and entertaining.

Designed with space and functionality in mind, the home offers generous accommodation throughout, including an oversized laundry that presents the potential to be converted into a second bathroom, subject to the relevant approvals.

Outside, the large double workshop with convenient street access is a standout feature, providing excellent versatility for additional vehicles, storage, trades or hobby enthusiasts. The expansive corner block also offers plenty of usable outdoor space, with its relatively flat landscape and substantial street frontage adding to the property's overall appeal.

One of the property's most exciting features is its potential for future subdivision. With R30 zoning, a generous landholding and advantageous corner positioning, buyers may have the opportunity to retain the existing five-bedroom residence and subdivide a portion of the land at the rear, potentially requiring modifications to the existing rear structures to accommodate the proposed subdivision. This presents an appealing opportunity to maximise the property's potential while retaining the existing home, subject to council, WAPC and other relevant approvals.

From an investment perspective, the possibilities are equally attractive. Buyers can enjoy the existing residence as a spacious family home, secure a rental investment, landbank for future capital growth or investigate subdivision and redevelopment opportunities. The combination of a substantial existing dwelling and a well-positioned R30 corner allotment creates excellent flexibility for a variety of future plans.

The location further enhances the appeal, with Ashburton Drive Primary School approximately 930 metres away and the property situated within the Southern River College catchment. Nearby parks, shopping facilities, public transport and convenient train connections provide everyday convenience for families and tenants alike.

Whether you're searching for a spacious family residence, a versatile investment or a property offering exciting development potential, this is a fantastic opportunity to secure a substantial landholding with multiple possibilities for the future.

Contact Vicktor Sutrisno or Farhad Shahidzadah today to register your interest.

Disclaimer: The particulars of this listing have been prepared for advertising and marketing purposes only. While every effort has been made to ensure the information is accurate and reliable, buyers should conduct their own independent due diligence to confirm the details provided.