Ideally positioned close to excellent schools and local parks, this slightly elevated block provides an exceptional opportunity for investors and developers, and comes with a bonus neat and tidy brick and tile home with great tenants in place until January 2024, providing the security of ongoing income towards your holding costs, and plenty of time to get working on your planning and development applications. With sizable development blocks in this popular area becoming increasingly difficult to find, this is an opportunity not to be missed.

• 683sqm slightly elevated, rectangular block with an 18.1m frontage, zoned R20/40
• Subdivision potential for two 'green title' blocks (subject to approval from relevant authorities)
• Neat and tidy brick and tile 3 bedroom + study home, split system air cond, solar panels
• Leased to excellent tenants at $430 per week until January 2024
• Split system air conditioning, solar panels
• Lock up garage/workshop, plenty of additional hard stand off-street parking
• An easy stroll to Craigie Heights and Whitford Catholic Primary Schools
• Close to Westfield Whitford City, Whitford train station, freeway entrances
• Just a few minutes' drive to local beaches and Hillarys Boat Harbour

Please note that the home is leased until 20th January 2024. The property is being offered for sale on an 'as is' basis, and interested parties should complete their own due diligence in relation to the all relevant aspects of the property, including development potential, prior to submitting an offer to purchase.

THE DETAILS:
Council rates: $1,652.07 per annum
Water rates: $1,146.45 per annum
Local authority: City of Joondalup
Current rental return: $430 per week
Land size: 683sqm
Zoning: R20/40

Price Guide: Contact Agent
Call: Nik Jones 0417913966 / nik@jonesballard.com.au
More Info: Detailed Information Pack avail. - contact agent