INVESTORS & DEVELOPERS DREAM - Duplex Pair on Large 999sqm Block Zoned R40
Sat, 26 May 2018 1:00PM-1:30PM
WHAT MORE COULD YOU WANT??
Huge 999sqm R40 Zoned block with an existing pair of 3 Bedroom, 1 Bathroom Duplex's so as to provide the Astute Investor with Options Galore!!
Your Options include - Keep the property as is, renting out both duplex's and just watch the rent come in, maybe refurbish the existing pair, living in one and renting the other out, or for those with an extended family this is the perfect arrangement that allows you to live next door to each other but still enjoy your own privacy!!
OR take advantage of the large 999sqm Block and redevelop in accordance with the R40 Zoning which allows a potential 4 unit site (subject to WAPC & Council Approvals) in this thriving and ever popular location.
14 & 14A Monmouth Street Mount Lawley are being offered for sale together for the First Time EVER!! We have 2 Genuine Owners who are both keen to sell so as to allow the successful Buyer the opportunity to take full advantage of the options that this property has to offer.
Internal Photos are of Lot 1
Lot 2 is currently tenanted
14 & 14A Monmouth Street Mount Lawley are Lot 1 & Lot 2 on Strata Plan 2501 and are independently owned, but are being offered for sale as a Joint Package. The Buyer(s) will be required to enter into separate respective contracts to purchase Lots 1 & 2 at the same time, with each contract conditional and dependant upon the performance of the other.
The agent and owners make no representations regarding the development potential of the property and Buyers should make their own enquiries with the relevant local authorities.
The properties 14 & 14A Monmouth Street Mount Lawley are being Sold by way of Expressions of Interest From $1,295,000 with all offers required to be submitted by 4pm Thursday 5th July 2018.
14 & 14A Monmouth Street Mount Lawley
Lot 1 & Lot 2 on Strata Plan 2501
Total Land Area - 999sqm
Local Authority - City of Vincent
South Ward / Norfolk Precinct (P10)
Council Rates - $1,366pa each lot
Water Rates - $1,117pa each lot
For Further Details or to arrange your private inspection please contact Agents:
Brad Irving 0422 678 144
Stuart Irving 0418 920 672
- Type : House
- Land Size : 999 sqm
- Water Rates : $1117 year
- Council Rates : $1366 year