Lot, 11 Phoebe Street, Southern River, WA 6110

Sterling Property as Exclusive Agents are pleased to present for sale, Lot 11 Phoebe Rd, Southern River. 

The Opportunity, 
Southern River is a popular suburb that has seen significant development and growth over the recent years. Lot 11, a 4Ha property is situated beside a number of active developments south of Southern River Rd.  This Urban Deferred property provides an opportunity for the astute buyer to secure a large landholding within the suburb of Southern River. 

Southern River 
Southern River has proven itself to become a suburb of choice for many 2nd, 3rd or 4th homebuyers which is reflected in the median house price growing by 18% over the past 12 months to $755,000 and rental growth of 23% pa. 

Key Features: 
- 40,277 sqm (approx) 
- MRS Zoning - Urban Deferred 
- Tenure Vacant Possession 
- Zoning: General Rural 
- No Structure Plan over site 
- Outgoings $6,000 PA 
- Residential lot yield of 62 lots (subject to planning approvals) 
- Services to be provided via development which is under construction to east 

Sales P{rocess 
Lot 11, is For Sale with an asking price of $3,200,000 Inc GST. 

For further information on this opportunity contact Sterling Properties Exclusive Agents Simon Brady and Vincent Siciliano