70 Gabell Way, Koondoola, WA 6064

RARE CORNER BLOCK FOR SALE - BE QUICK

After having the same owners for almost 50 years this hidden gem is being presented to the market.

If you are looking for a great land banking opportunity with development potential this is the property for you!

This large corner block with four bedroom, one bathroom house will allow for knockdown and build of three dwellings with their own frontages allowing you not to lose any space with common property and no strata fees(STCA). For the smart developer building two storey dwellings can take advantage of the views of the Perth city.

The house that currently sits on the property features:

Four Bedrooms
One Bathroom
Open plan kitchen and dining with separate lounge room
Large laundry
Private entry through front door or option to enter through laundry
Secure backyard
Backyard with plenty of space for kids and pets to play

Blank canvas with the ability to renovate to make your own or knock down and build three new dwellings (STCA)

759 sqm block land size
Dual zoned - R20/R40
Double storey new builds can have views of the Perth CBD
Vacant possession

With some hard work the house can be looking great again with new paint and flooring needed as well as a tidy up of the kitchen and bathroom.

Renovate before moving in, while you live there or even knock down the house to further progress your portfolio with up to three new dwellings!

Rental appraisal once a small tidy up $650-700 per week.

The location features:

*Walking distance to Waddington Primary School
*Close to Koondoola Park
*Close to Butterworth Park
*15kms from the Perth CBD
*15kms to the Perth airport
*15kms from the beach 
*Close to access for Tonkin Hwy & Reid Hwy

Council Rates: $1700(approx)
Water Rates: $882(approx)

Looking for offers on this one.

Don't miss out!

Disclaimer: While we take great care in preparing our marketing information, Century 21 is not responsible for any typographical errors. Buyers are encouraged to conduct their own due diligence, and we do not assume responsibility for the accuracy of the information. Interested parties should perform their own investigations to verify accuracy.