ENTRANCE OFF FORBES ROAD Located in a prime position, elevated above the road with a wide frontage facing Forbes Road, this strategic property offers opportunities for savvy investors, developers and owner occupiers alike. The property is conveniently located within the Golden Triangle of Applecross, around the corner from the glistening waters of the Swan River, close to parks and cafes, in one of Perth's most highly coveted suburbs. Boasting a wide 20m street frontage, this home sits on the edge of the Canning Bridge Precinct and offers the potential to subdivide into two street frontage blocks, build a boutique group of apartments with views or simply land bank and enjoy the current residence that is single level with under croft garaging accessed by the lift. Opportunity ONE: The current owners have undergone a design process using the highly renowned architect Leon House to create an incredible plan which features under croft garaging, four levels of residential apartments plus a rooftop deck. These plans have been approved by the City of Melville. Opportunity TWO: Subdivide into two street front lots which would create two lots comprising 259.5sqm each, both with a 10m frontage and rectangular configuration. Build two homes with featuring lifts and elevated views! Opportunity THREE: Enjoy the current residence which comprises 3 bedrooms, 2 bathrooms an open plan kitchen living and dining area room plus double lockup garage with additional storage with lift access. The mature gardens are easy care and fully fenced. Further value could be added with renovations to the home. The rare opportunity is located only a short stroll to Heathcote parklands, South of Perth Yacht Club, Applecross Tennis Club, the renowned Applecross Village on Ardross Street, many cafes, shops, bars and parks, top ranking Applecross Primary School, excellent high schools and a short commute to Perth CBD via Canning Bridge Train Station. For further details please contact Renee Banovich on 0409 647 341. Disclaimer: Disclaimer: Whilst every care is taken in the preparation of this information, its accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
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